Amsterdam’s Return Secures €300 Million to Expand Battery Storage Across Europe
The deal with APG marks one of Europe’s largest energy storage investments to date.
Amsterdam-based energy company Return has raised €300 million in new funding from pension investor APG to accelerate the development of large-scale battery storage projects across Europe.
The investment will help expand clean energy infrastructure and improve grid stability amid growing demand for renewable power.
Executives say the funding represents a significant milestone in advancing Europe’s transition toward sustainable and flexible energy systems.