Return develops and deploys battery energy storage facilities that can be connected to electricity grids throughout Europe. By adding flexible storage capacity, the company aims to stabilise power supply and accommodate increasing volumes of renewable energy. The platform focuses on large-scale installations that can be replicated in multiple European markets. Return’s business model centres on owning and operating these assets and monetising grid services. The firm plans to accelerate the roll-out of new sites with fresh institutional capital, allowing it to scale more rapidly than traditional project-by-project funding. Its recent €300 million raise from pension investor APG marks a significant boost to its balance sheet and underpins its near-term expansion plans.

Total raised

$351M

Funding rounds

1

Latest round

Equity

Latest activity

Oct 2025