UK Prime Minister Keir Starmer used the G7 Leaders’ Summit in Évian, France, to announce £1.3 billion in private investment flowing into the country’s clean energy and AI sectors. The money comes from French and Indian companies, and it’s aimed squarely at battery storage infrastructure and artificial intelligence capabilities.
The announcement, made on June 16, landed during a summit already focused on energy security and technological leadership among the world’s wealthiest democracies.
Where the money is going
The biggest chunk, £1 billion, comes from French private equity firm InfraVia. That capital is earmarked for a series of battery storage projects across the UK, the kind of infrastructure that helps stabilize electrical grids when renewable energy supply fluctuates.
Atri Energy Transition is putting in over £300 million, also targeting large-scale battery storage and advanced manufacturing. That investment alone is expected to generate more than 100 jobs.
