Founded in 2022, Terra One builds, finances, and operates large-scale battery storage projects that add flexibility to increasingly renewable-heavy power systems. Its core product is a portfolio of grid-connected lithium-ion battery assets whose dispatch is autonomously managed by a proprietary machine-learning trading platform across wholesale and ancillary markets. The company positions energy storage as the “backbone of a carbon-neutral future” and partners with grid operators, banks, and institutional investors to accelerate deployment. With the latest capital, Terra One plans to invest up to €750 million in new storage assets, targeting roughly 3 GWh of capacity—enough to power about 20 % of German households for an hour. The firm emphasizes rapid, reliable project delivery and innovative hybrid financing structures to scale across Europe. Although revenue figures were not disclosed, the mezzanine funding underscores investor confidence in Terra One’s business model and growth trajectory.

Total raised

$185M

Funding rounds

2

Latest round

Debt Financing

Latest activity

Sep 2025