UK-based NextEnergy Capital’s NextPower UK ESG Fund has acquired the 50 MW Staughton Solar Farm in Bedfordshire, marking its twelfth acquisition and second this November. The solar asset, operational from day one, will generate cash flow while supplying renewable electricity to about 12,500 UK households annually. As per NextEnergy Capital, the fund now oversees 178 MW of operational solar and energy storage assets, with 387 MW currently under development. The fund has secured £683 million (~$854 million), exceeding its original £500 million (~$625 million) target by 37%. Further capital commitments are expected soon from investors undergoing late-stage due diligence. The project has raised NPUK’s portfolio capacity to 565 MW since its launch in August 2022.
NPUK acquires 12th solar asset, hits 565 MW capacity
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
Naperőmű Farm Kft, which planned trials for a 66 MWp solar plant in Ballószög, Hungary. (Image Credit/Source: BarneyElo/Pixabay)
The 312 MW solar projects span multiple Japanese regions and boost Nozomi Energy’s portfolio to 750 MW. (Image Source: Actis)
Emeren sold its 2.8 MW solar project in Maine to Altus Power, completing the transfer through sale and operation handover. (Image credit/Source: KindelMedia/Pexels)
A 1.14 MW solar farm in Novo Selo, North Macedonia, featuring Huawei inverters with over 90% efficiency. (Image Credit/Source:SolarEnergy/Pixabay)