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Schroders Greencoat buys 283 MW solar PV in the UK
Schroders Greencoat, the specialist energy transition infrastructure manager of Schroders Capital, has entered into an agreement with METLEN Energy & Metals, a multinational industrial and energy company, to acquire a portfolio of seven solar projects in the UK on behalf of its clients. The seven projects, located across England and Scotland, have been developed, constructed…
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Lazard Sustainable Private Infrastructure Fund Completes Sale of Shawton Energy
Lazard Asset Management today announced that the Lazard Sustainable Private Infrastructure Fund has successfully completed the sale of its interest in Shawton Energy Limited to AMPYR Distributed Energy, part of AGP Group. This transaction is the inaugural realisation of the SPI investment portfolio, delivering an approximate 20% internal rate of return (IRR) for the Lazard…
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Drax signs £157.2m deal with battery storage developer Apatura
BESS developer Apatura has signed an agreement with renewable energy company Drax Group, who will initially acquire three battery energy storage system (“BESS”) projects located in Scotland and Northern England. Drax will pay a fixed cash amount of £157.2 million to Apatura, payable as staged payments between 2025 and 2028 according to Apatura’s delivery of the projects.…
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METLEN inks 10-year 235 MW solar PPA with ENGIE
METLEN announces the signing of a 10-year Power Purchase Agreement (PPA) with ENGIE, a leading energy transition utility. Under the PPA, METLEN will supply solar generated power from six sites located in the United Kingdom. The power capacity of the solar portfolio, covered in the agreement, totals 235 MW, providing ENGIE with over 233 GWh of clean electricity annually. These volumes will…
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Stranoch Wind Farm Hits Key Milestone as Turbine Delivery Begins
In a major milestone in the construction of Stranoch wind farm in Dumfries and Galloway, key turbine parts, including blades and tower sections, have started being delivered to the EDF power solutions UK site this week. The Vestas components, transported under police escort by specialist contractor Colletts, will leave the Port of Cairnryan and make…
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UK Government Unveils Plan to Create 400,000 Clean Energy Jobs by 2030
The UK government has announced a major initiative to boost the clean energy workforce, aiming to create 400,000 new jobs by 2030. The move is part of a broader strategy to double employment in renewable energy—across wind, solar, and nuclear—from 430,000 to 860,000 within five years. Plumbers, electricians, and welders are among 31 key roles…
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Voith subsidiary Green Highland secures long-term contract to operate and maintain Kinlochleven hydropower station, one of the UK’s oldest plants
Green Highland, a Voith Company, has signed a long-term agreement to provide full operational support and maintenance services at the Kinlochleven hydropower plant, which is one of the oldest in the UK. Under the contract, Green Highland will assume full responsibility for daily operations and long-term maintenance. The Green Highland team will modernize the site,…
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Virgin Media O2 and TRIG Sign Strategic 10-Year PPA Linking UK Telecoms to Homegrown Wind Power
The Renewables Infrastructure Group (TRIG) announced a strategic ten-year corporate power purchase agreement (PPA) with Virgin Media O2 (VMO2), the UK telecommunications provider formed through the merger of Virgin Media and O2. Under the agreement, VMO2 will procure renewable electricity generated from TRIG’s onshore wind farms — Garreg Lwyd in Wales and Earlseat in Scotland…
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Copenhagen Infrastructure Partners and AIP Management to partner 50/50 on Coalburn 2
Copenhagen Infrastructure Partners (CIP), on behalf of its fund Copenhagen Infrastructure IV (CI IV), has signed an agreement to divest a 50% ownership stake in Coalburn 2 to funds managed by AIP Management (AIP), a specialist investor in energy and decarbonisation infrastructure. Once operational, the new project will be among Europe’s largest battery storage facilities,…
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London’s King’s Cross estate partners with Shawton Energy in landmark virtual solar agreement to accelerate net zero ambitions
King’s Cross, the largest mixed-use development in single ownership to be developed in Central London for over 150 years, has entered into a landmark Virtual Power Purchase Agreement (VPPA) with Shawton Energy to drive its renewable energy transition. The 15-year agreement will see the development of an 8.6MWp, 28-acre solar farm in Pembrokeshire – Point Lane Solar…
