Greencoat Capital To Acquire Two Solar Energy Projects From ReneSola
ReneSola, a solar project developer and provider of energy-efficient products, has announced that it agreed to sell two ground-mount projects in United Kingdom to Greencoat Solar II LP, an investment vehicle managed by Greencoat Capital LLP, one of the UK’s largest dedicated renewable investment management firms.
These two projects are located in North Yorkshire and Shropshire and have a combined capacity of approximately 10 MW and are qualified under the 1.2 Renewable Obligations Certificate (ROC) program.
Xianshou Li, Chairman and Chief Executive Officer of ReneSola, commented: “The agreement demonstrates the strength of our ability to develop and monetize projects in the downstream segment of the solar industry. We are proud of our continued execution in the region and look forward to driving incremental project development globally."