Palmer Energy Technology Expands Portfolio with Acquisition of Brill Power and £5M Funding Boost
August 30, 2025
Palmer Energy Technology Limited (PETL), a company focusing on battery energy storage systems in the UK, has acquired Brill Power, an Oxford University spin-out. The acquisition aims to integrate Brill Power's advanced battery management technology into PETL's systems. Additionally, PETL has secured £5 million in new funding from European investors, underscoring growing interest in sustainable energy solutions.