# Conrad Energy acquires Viridis Power to create largest UK flexible generation platform

Conrad Energy has agreed to acquire Viridis Power, adding over 320MW to its portfolio for a total of 1.1GW of flexible generation assets. The combined entity aims to grow to 2.2GW, making it the largest flexible generation platform in the UK.

- Type: Acquisition
- Announced: 2020-10-01
- Where: United Kingdom
- Status: announced
- Capacity: 1.1 GW
- Products: flexible power generation, battery storage
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [I Squared Capital](https://endata.com/companies/28377.md) (investor)
- [Conrad Energy](https://endata.com/companies/50301.md) (acquirer)
- [Viridis Power](https://endata.com/companies/50302.md) (target)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20201001006000/en/Conrad-Energy-Acquires-Viridis-Power-to-Create-the-Largest-Flexible-Generation-Platform-in-the-UK), 2020-10-01: "The UK’s energy market is at a pivotal point."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.