Foresight Group completed its exit from Mercia Power Response.

Foresight Group, an independent infrastructure and private equity investment manager, completed its exit from Mercia Power Response, a developer and manager of peaking power assets, generating a return of 3.8x on the original investment for its Foresight Nottingham Fund. Financial terms were not disclosed. “Foresight’s support over the last four years has been essential to the Company’s development and growth to become a market leader in the sector. Foresight’s ongoing involvement, mentoring and engagement in the business has been a key factor in the Company’s success. This deal marks an exciting new chapter for MPR and we look forward to continued rapid growth as demand for embedded power to support renewable power sources continues apace in the UK and across Europe.” Graham White, Mercia Power Response CEO.