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Varco Energy

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Varco Energy is a pioneering UK-based battery storage asset owner and operator.

Last updated September 1, 2026

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Nov 4, 2026
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Nov 4, 2026

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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

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