Harmony Energy Income Trust completed the acquisition of three 181.9 MW pipeline projects for £22m.

Harmony Energy Income Trust, a renewable energy semiconductor manufacturing firm, completed the acquisition of three 181.9 MW pipeline projects for £22m. The three projects, known as Wormald Green, Hawthorn Pit and Rye Common (Phases I and II), are expected to be energized in Q1 2024, Q2 2024 and Q3 2024 respectively, with grid offers secured. Harmony Energy conducted a tender process for the supply of battery systems for this batch of projects and pursuant to that process, has agreed material terms with the selected supplier of the 2-hour duration battery systems.