UK Power Networks completed the acquisition of UU Solar from SDCL Energy for £91m.

UK Power Networks, a distribution network operator for electricity, completed the acquisition of UU Solar, a UK onsite solar portfolio, from SDCL Energy, an investment company dedicated to investments in energy efficiency projects, for £91m ($114m). "The sale is positive news for SEEIT as it makes a meaningful contribution to its objectives to reduce short term borrowings, to improve liquidity and to focus on investment in higher yielding assets that support SEEIT's total return objectives," Jonathan Maxwell, SDCL CEO of the Investment Manager.