Foresight Group has invested in Mirai Power GmbH through Foresight Energy Infrastructure Partners II, backing a German battery energy storage systems (BESS) developer with a 12.5GW pipeline. Founded in 2024, Mirai Power develops, constructs, and operates large-scale battery storage assets across Germany, with a focus on transmission-connected projects and selected distribution-level opportunities.

The key signal is clear: investors are no longer just buying single storage projects in Germany. They are backing platform-scale BESS developers that can originate capacity quickly and build long-term market position. Mirai’s 12.5GW pipeline is the real reason this deal matters.

That shift reflects how buyer behavior is changing across Europe’s BESS market. Capital is moving toward developers with scale, technical execution, and a strong route to deployment. In a market where flexibility demand is rising, large pipelines offer more strategic value than fragmented assets.

For Foresight, the deal supports its ambition to build a pan-European Independent Flexibility Provider. For Mirai, the investment provides capital to advance its German pipeline and expand into other international markets.

As BESS markets mature and consolidation begins, deals like this show that infrastructure investors are prioritizing pipeline depth, grid relevance, and experienced management teams over smaller standalone opportunities.

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