Energy transition infrastructure manager White Summit Capital ((“WSC”) has partnered with ENKA Energy Transition Limited (“ENKA”) to expand battery energy storage systems (BESS) solutions across Europe’s utility-scale and industrial sectors.
Through WSC’s Decarbonisation Infrastructure Fund II (“WDIF-II”), the partnership will deploy approximately €300 million to build and operate a BESS platform of up to 500MW across European markets.
ENKA was launched in 2024 by the founder Sarang Boddupalli with backing from Real Assets Investment Management (“RAIM”) and M2 Energy, a highly experienced renewable energy investment platform.
Since its launch, ENKA has secured more than 160MW of ready-to-build utility-scale projects. This provided ENKA with a significant advantage in European markets where grid connection constraints and queuing have become a defining challenge. The full portfolio is expected to be operational by 2030.
Battery storage is recognised by the European Union and system operators as essential to grid flexibility – enabling the integration of growing wind and solar capacity while supporting frequency and voltage stability, reducing congestion, and storing surplus renewable electricity to cut dependence on imported fossil fuels.
The partnership’s cornerstone investment is a 50MW / 3-hour BESS project in Denmark, a market characterised by high wind penetration and a growing ancillary services market. Acquired from BattMan Energy, a leading local developer with more than 1 GWh under management. The project has all the necessary permits secured and is expected to start commercial operation in Q1 2028. A further 110MW ready-to-build pipeline has been ear-marked and is expected to reach financial close in H2 2026.
ENKA is also developing a proprietary portfolio of approximately 50MW behind-the-meter BESS portfolio in Belgium and other European markets, to enable leading European industrial clients to manage their energy costs, maximise their grid value and secure their long-term operational resilience.
ENKA Energy Transition, led by CEO and co-founder Sarang Boddupalli, combines a strong track record in development, delivery and operation of BESS projects as well as deep technical expertise in behind-the-meter BESS across European markets. The current management team will continue to lead the platform’s development and operations.
“We see behind-the-meter battery storage as one of the most attractive and actionable ways to add flexible capacity to the European power system today,” said Pablo Pallas, Managing Partner at White Summit Capital. “Sarang and the ENKA Energy Transition team have a strong track record delivering complex BESS projects across Europe. Partnering with them directly supports our strategy: backing best-in-class platforms that accelerate decarbonisation and strengthen energy security.”
“Grid flexibility both front and behind the meter is critical in enabling and accelerating the European energy transition. White Summit Capital has a proven track record of scaling infrastructure platforms to meet these market demands. This exciting partnership aligns our execution capabilities to deploy these assets at scale.” said Sarang Boddupalli, CEO of Enka Energy Transition.
“We launched the ENKA platform in partnership with Mr. Boddupalli and M2 Energy, based on our deep conviction in the opportunity to build a differentiated flexibility platform in Europe, leveraging our long-standing sector experience in BESS, renewables and flexibility. We are now delighted to be partnering with WSC to accelerate the successful growth and buildout of the ENKA platform.” commented Roger Ammoun, Managing Partner of Real Assets Investment Management.
This is the fourth transaction carried out with WDIF-II and builds on White Summit’s recent investments across Europe in energy efficiency, reliable energy, and C&I distributed energy resources.
About ENKA Energy Transition
ENKA Energy Transition is a pioneering Independent Flexibility Producer specialising in BESS integrated seamlessly with existing infrastructure. ENKA Energy Transition follows a full lifecycle approach – spanning financing, engineering, construction, ownership, and operation of these systems – and delivers a low-impact solution that enhances grid efficiency, reduces energy volatility, and unlocks new economic opportunities.
About White Summit Capital
White Summit Capital is an independent infrastructure fund manager headquartered in Zug, Switzerland. Founded in 2011, the firm has been investing in mid-market, value-add infrastructure opportunities across Western Europe and North America on behalf of its investors. Since inception, WSC has strategically focused on powering energy transition infrastructure, deploying capital into profitable growth sectors that are critical to a lower-carbon economy and a resilient energy sector. These sectors include decarbonisation of demand, reliable energy and sustainable transportation.
https://www.whitesummitcap.com/
About Real Assets Investment Management
Real Assets Investment Management was founded in 2019 with the mission of building a fully independent, differentiated and globally focused infrastructure investment platform.
Since inception, the firm has invested circa €1 Billion, on a deal-by-deal basis, in European energy and infrastructure opportunities with a particular focus on the small-mid market, leveraging the platform’s deep sector expertise and origination capabilities.
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