London- headquartered Sustainable Development Capital LLP (SDCL) said its Global Energy Transition Fund had acquired a 68 MW behind-the-meter solar portfolio in Iberia from Capwatt, part of Prismore Capital. The transaction marked the fund’s first entry into the Iberian market and included operational, under-construction and development assets. Capwatt was set to remain as developer, operator and asset manager, providing sector expertise. SDCL stated that the platform was intended to expand commercial and industrial renewable projects across the region.