Announced
Completed
Financials
Sources
Tags
United Kingdom
Alternative Electricity
Acquisition
Single Bidder
Friendly
Private
Majority
Electrical power generation
Completed
Domestic
Synopsis
NextEnergy Solar Fund, an alternative energy provider, completed the acquisition of The Grange project and South Lowfield project from Lightsource BP, an electrical power generation company, for £64m. "The acquisition of the Grange brings NESF’s portfolio up to 92 operating solar assets, with a combined capacity of c.813MWp, which will grow to c.863MWp once South Lowfield is energised. The acquisition of both increases NESF’s portfolio capacity by 13%," Ross Grier, NextEnergy Managing Director.
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