Growth Capital • Business Services

Foresight Private Equity Invests In Pumped Storage Hydro

On October 4, 2022, private equity firm Foresight Private Equity invested in business services company Pumped Storage Hydro

Investment Context
  • This is Foresight Private Equity’s 22nd transaction in the Business Services sector.
  • This is Foresight Private Equity’s 168th transaction in the United Kingdom.

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Investment Summary

Date October 4, 2022
Target Pumped Storage Hydro
Sector Business Services
Investor(s) Foresight Private Equity
Deal Type Growth Capital

Target Company

Pumped Storage Hydro

Scotland, United Kingdom
Pumped Storage Hydro provides a vital grid support service. It builds grid resilience, replacing conventional low-efficiency thermal peaking plants, and facilitates the integration of intermittent renewable energy generation technologies which in turn drives lower electricity prices. Pumped Storage Hydro is based in Scotland, United Kingdom.
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Investor Overview 1

Investor

Foresight Private Equity

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1984
PE ASSETS 1.4B GBP
Size Large
Type Sector Agnostic
DESCRIPTION

Foresight Group LLP (Formerly VCF Partners)


Deal Context for Investor #
Overall 173 of 208
Sector: Business Services 22 of 25
Type: Growth Capital 136 of 167
Country: United Kingdom 168 of 202
Year: 2022 11 of 16
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-01 Copptech

London, United Kingdom

Copptech is a unique, patented, antimicrobial technology. Copptech's Microparticle can be added to polymers, textiles and building materials, amongst various other materials to make them ≥99.9% antimicrobial – preventing bacteria, viruses and even termites. Copptech sells its antimicrobial formulations to airlines, construction materials suppliers, textiles businesses and footwear manufacturers. Copptech was founded in 2016 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-10-09 Etag Fixings

Dagenham, United Kingdom

Etag Fixings is a distributor of construction materials. Etag Fixings was founded in 2004 and is based in Dagenham, United Kingdom.

Buy -