Wernick Power Solutions is the Wernick Group division that provides and operates battery storage units for clients seeking to cut on-site carbon emissions. It recently purchased 36 battery storage units, bringing its fleet to over 130 units. The company secured a £2.1m investment from Lombard to fund the acquisition. Wernick Power Solutions expects this continued investment to increase staff headcount by up to 15 in 2024. It is part of the wider Wernick Group, which employs more than 800 people and is celebrating 90 years of business in 2024. Lombard and NatWest are cited as financing and banking partners that have supported the group's sustainability planning and equipment financing efforts.

Total raised

$3M

Funding rounds

1

Latest round

Equity

Latest activity

May 2024