F

Field

Develops grid-scale battery storage infrastructure

Overview

What it does: It develops, builds, and operates grid-scale battery storage sites in the UK and Europe to store renewable energy and stabilize the grid. How it works: Large batteries are charged when renewables are plentiful and discharged when the grid would otherwise run dirtier generation, with a software platform that optimizes asset performance and returns. How it differs: It combines ownership, construction, operation, and optimization of storage assets in a vertically integrated approach, not just hardware or services. Goal: To accelerate the global shift to low-carbon energy by expanding storage, reducing grid intermittency, and decarbonizing heating through stored renewables.

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About Field

Simplify's Rating
Why Field is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Company Size

201-500

Company Stage

N/A

Total Funding

$436M

Headquarters

London, United Kingdom

Founded

2020

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Simplify's take

What believers are saying

  • In July 2026, Field closed Keith and Hartmoor financing with ING, Rabobank, and ABN AMRO.
  • Field energized Waldkappel and Whitebirk in 2026, proving continental Europe execution.
  • CVC DIF-backed funding passed £500 million, giving Field runway for multi-country buildout.

What critics are saying

  • Field depends on volatile merchant battery spreads; Gaia cannot eliminate price compression by 2027.
  • High Marnham starts in 2028, delaying cash flow while debt service continues.
  • If UK cap-and-floor terms disappoint, Field’s 1.6GW LDES pipeline stalls existentially.

What makes Field unique

  • Field pairs development, construction, and trading through its in-house Gaia platform.
  • By July 2026, Field reached 490MW and 1.5GWh operational or under construction.
  • Field won five UK LDES “minded to” awards totaling 1.6GW and 26.9GWh.

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Funding

Total Funding

$436M

Above

Industry Average

Funded Over

5 Rounds

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