Entrix Secures €43M Funding, Expands Battery Storage to 3GW with 2GW Operational by 2026
Entrix has raised €43 million in funding and achieved 3 GW of contracted battery storage capacity, with 2 GW set to be operational in 2026. The funding round is led by Junction Growth Investors and Korys, with participation from BNP Paribas, Allianz, and others. Entrix operates over 70 battery storage systems across Europe, addressing the growing need for flexibility in energy systems amid increasing renewable energy adoption and market volatility.
Entrix has raised €43 million and reached 3 GW of contracted battery storage capacity across Europe, with 2 GW expected to be operational in 2026. The funding round is led by Junction Growth Investors and Korys, with participation from BNP Paribas, Allianz, AENU, Enpal, Abacon, and Arvantis Group.
AI-curated by TheiaFounded in 2021, Entrix now operates over 70 battery systems, highlighting the critical role of flexibility in the energy sector as renewable energy penetration accelerates. The need for storage solutions is heightened by the growth of data centers and the volatility of fossil fuel markets.
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