Announced

Completed

AtmosClear Investments completed the acquisition of the operational rooftop solar assets from FGEN for £21.2m.

Synopsis

AtmosClear Investments, a green infrastructure and clean-tech private equity group, completed the acquisition of the operational rooftop solar assets from FGEN, an investment company, for £21.2m. "We are pleased with this sales agreement which has provided us with substantial funds from a non-core, low yielding asset. Capital allocation remains a key priority for the Board and proceeds will be used to strengthen our balance sheet through a further reduction in debt," Ed Warner, FGEN Chair.

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