NextPower UK ESG completed the acquisition of Staughton Solar Farm from NextEnergy Solar Fund.

NextPower UK ESG, a private unlevered fund investing in greenfield subsidy-free solar projects, completed the acquisition of Staughton Solar Farm from NextEnergy Solar Fund, a specialist solar energy and energy storage investment fund. Financial terms were not disclosed. “Staughton is a high-quality operating solar asset that represents NPUK’s twelfth portfolio acquisition. NPUK’s total capacity has grown to an impressive 565MW since its launch in August 2022, we expect to see further growth in NPUK’s total capacity through the end of the year and into 2025 through further acquisitions. NPUK remains on track to outperform its return and dividend targets, with dividends to date being significantly above the target,” Spyros Sfantos, NextEnergy Capital Investment Director.