Cubico Sustainable Investments has successfully acquired Peel NRE’s 50% stake in Peel Cubico Renewables Ltd, bolstering its position in UK renewable energy. The deal includes the integration of Peel NRE’s renewables development team and the joint venture’s onshore wind and solar PV projects. With a capacity exceeding 350 MW and a 1.7 GW feasibility pipeline, Cubico aims to solidify its role as a leading developer, owner, and operator of renewable assets in the UK, aligning with the nation’s net zero targets.
Cubico expands portfolio with Peel Cubico Renewables acquisition
The acquisition allows Cubico to accelerate the growth of its development business in the UK, establishing offices in both London and Manchester for project management. Image Credit Cubico Sustainable Investments.
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