Varco Energy
Varco Energy is a pioneering UK-based battery storage asset owner and operator.
Last updated September 1, 2026
Overview
Varco Energy is a pioneering UK-based battery storage asset owner and operator, backed by Adaptogen Capital’s specialist BESS investment fund. The company builds flexible, grid-scale energy storage solutions to drive the energy transition toward a net-zero future. It collaborates with OEMs and contractors such as GE Vernova, Fluence, and Ethical Power, and has a NatWest-backed £58m financing package. Varco has a 250MW BESS portfolio operating or in construction, with a further 275MW in development.
History
Varco Energy is a UK-based battery storage asset owner and operator. It is backed by Adaptogen Capital’s specialist BESS investment fund. The company collaborates with OEMs and contractors such as GE Vernova, Fluence, and Ethical Power. It has a NatWest-backed £58m financing package that enabled the rapid rollout of its first utility-scale projects. Varco has a 250MW BESS portfolio operating or in construction, with a further 275MW in development.
Products and positioning
Product categories. Battery energy storage systems
Flagship businesses
- Grid-scale battery storage solutions
Sources
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