Good Energy Group has announced that it has agreed to sell the subsidiary which holds a 12.8MW solar farm in Dorset to Trina Solar.
The deal for the planned solar farm is predicted to be worth between £1 million and £1.3 million depending on when the site is completed and commissioned.
Juliet Davenport, CEO of Good Energy explained that the transaction forms part of the company’s strategy to develop its portfolio through a combination of selling some sites and building and holding others, she said: “This transaction is part of an overall strategy to develop and build out our own renewable energy plant. It supports our long term vision for the company to own and generate 50% of our renewables supply.”
Earlier this month, Good Energy announced that it agreed to sell a 76% shareholding on the subsidiary that holds a 27.7MW solar farm in Pembrokeshire to Quercus Assests Selection in a deal worth £1.3 million.
