Magnora entered the British market for utility-scale battery (BESS) and solar PV in 2022 when establishing Gamcap Magnora Development Company Ltd. together with GAM Capital Ltd. as a 50/50 owned joint venture.

The company holds full development capabilities, including finding land, and assessing viability, securing planning permission and grid connection permits, and bringing site to ready-to-build (RtB).

The current project portfolio is over 500 MW across BESS, solar PV, and co-located solar PV and BESS.