NextEnergy Solar Fund Acquire Four Plants Totalling 20MWp
NextEnergy Solar Fund (NESF) have announced the signing of two separate share purchase agreements covering a portfolio of three plants totalling 15MWp and a single 5MWp plant.
The Bowden (5MWp plant located in Somerset), Stalbridge (5MWp plant located in Dorset) and Long Ash Lane (5MWp plant located in Dorset) plants are all under construction and are expected to be connected to the grid in advance of the 31 March 2017 deadline to receive accreditation under the 1.2 Renewable Obligation Certificate ("ROC") regime. Acquisition of the plants will be completed following full construction and grid connection.Â
NESF has also signed the share purchase agreement to acquire the Mill Farm solar plant. The 5MWp plant, located in Hertfordshire, is currently nearing the end of construction and is expected to be accredited under the 1.2 ROC regime. Completion of the acquisition will occur following grid connection of the plant.
