NextEnergy Capital, a London-based renewable energy manager and infrastructure investor, announced on Wednesday the acquisition of an 18.5-MW ready-to-build solar project located in Hampshire, South East England.
This acquisition, carried out through the NextPower UK ESG (NPUK) fund, marks the fund's 11th investment in utility-scale solar projects.
The project, named Locks Solar Farm, was a winner in the sixth allocation round of the UK government's Contract-for-Difference (CfD) tender programme. The CfD contract ensures a fixed price for the entire generation capacity of the solar farm, providing long-term revenue certainty.
With this acquisition, NPUK's total portfolio capacity now stands at 515.5 MWThe fund continues to strengthen its position in the UK solar market, which is part of its broader strategy to support the country’s transition to clean energy while delivering attractive returns for investors.
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