Two new transactions for a combined consideration of £29 million

We are pleased to announce completion of two new transactions for a combined consideration of £29 million.

The first is a ready to build 28MW ground-mounted solar project in Wellingborough, Northamptonshire. The project has been acquired from Heliofidem UK Ltd, with energisation expected in Q4 2023.  We have also signed heads of terms and an exclusivity agreement with a large multinational food and beverage company for the sale and purchase of electricity generation from this project, via a sleeved power purchase agreement.

The second is a 1MW new rooftop solar project in Preston, Lancashire. The project has a 16-year PPA with Huntapac Produce Limited, one of the largest vegetable producers in the UK. Energisation is expected in Q4 2023. 

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