News Article

Capital Stage Acquires Solar Park In The UK


The SDAX-listed Hamburg-based solar and wind park operator Capital Stage has acquired another UK solar park with a generation capacity of 5 MW. It benefits from a fixed feed-in tariff guaranteed by the government for a period of 20 years, is already in operation and connected to the grid since December 2015.  

The solar park is located in the southwest of England in the county of Devon, near by the city of Exeter. A purchase commitment at a feed-in tariff of GBP 0.1114/kWh (EUR 0.13/kWh) is guaranteed by the government. The vendor is HCE Europe Limited (HCE), an affiliate of the Indian project developer Hindustan Cleanenergy Limited. The total investment volume in the park amounts to roughly EUR 6.5m (GBP 5,7m). Capital Stage expects the park to generate sales revenues of approx. EUR 680,000 (GBP 600,000) as of the first year of full operation. 

Another affiliate of HCE will provide the technical management for the parks for a period of two years. After that period, technical management will be handed over to Capital Stage Solar Service GmbH, a wholly-owned subsidiary of Capital Stage AG. Capital Stage is responsible for the commercial management.

The solar park will initially be fully financed from the company's own funds; refinancing in the form of a classic project loan is planned for a later date.

With the acquisition the total generating capacity of all Capital Stage solar parks based in the UK increases to almost 90 MW and reaches a share of roughly 9% of the total generating capacity from all solar and wind parks of the company.

TLT Advises Innova Energy On £30m Refinancing Of 57 MW Solar Portfolio
Oakapple Renewable Energy Appoint Stuart Gentry To Head Business Development
Sunstore Solar Launches WattGrid, A New Range Of Turnkey Off-grid Power Systems
Everoze Creates Skyray To Design And Engineer Great Solar PV Projects
UK'S Largest Battery Ready To Balance The Grid
Going Green In Lancashire – Hundreds Of Houses Installed With Solar Panels In Ground-breaking Project
Tandem PV Devices Feel The Heat
NextEnergy Capital Acquires Its First Asset In Portugal 17.4MWp Solar PV Project
Sharp Launches New 440W Half-cut Cell PV Panel
New Innovation Set To Change Renewable Energy Market
FIMER Powers UK Largest Rooftop Solar Project
Low Carbon Develop UK’s Largest Community-owned Solar Park
Solar Power As Rental Offer Launched By Aggreko
The Smarter E South America Postponed To October 18-20, 2021
UK Green Tech Company Myenergi To Double Workforce By 2021
SOLARWATT Links With Easy Roof To Provide Building-integrated PV For Better-looking Buildings And Smart EV Charging
Analysis Of UK Commercial Roof Space Shows Solar PV Film Can Achieve Net Zero Without Greenfield Sites
TLT Advises Santander On 30MW Flagship Battery Storage Project
Ingenious Invests In Electric Vehicle Charging Firm
FRV And Harmony Energy To Develop Second UK Utility Scale Battery Project
Habitat Enerdy Enters Balancing Mechanism With Largest Battery
Sonnedix Named ESG Global Solar Power Generation Sector Leader By GRESB
Power Roll Trials Solar PV To Power Up Himalayan Villages
Greencoat Renewables Announces First Transaction In Nordic Market
Search the news archive

To close this popup you can press escape or click the close icon.
Register - Step 1

You may choose to subscribe to the Smart Solar Magazine, the Smart Solar Newsletter, or both. You may also request additional information if required, before submitting your application.

Please subscribe me to:


You chose the industry type of "Other"

Please enter the industry that you work in:
Please enter the industry that you work in:
{taasPodcastNotification} Array
Live Event