Hadstone Energy Limited and Belltown Power Limited have reached an agreement for the funding and sale of the Watchfield solar farm project in Somerset.
Under the agreement, Hadstone will continue to provide ongoing services to Belltown
The project was granted planning permission in August this year, after a comprehensive consultation with the local community meant that all local concerns were met before the formal planning application. Speaking at Solar Energy UK, Rob Shaw director of sustainability and climate change, LDA Design confirmed that site did not receive a single objection as a result of the consultation process.
The landowners will continue to graze sheep on the solar farm and reinstrate some hedgerows to reduce the visibility of the plant.
When it is connected, the 10.2MW plant is expected to produce enough electricity to power 2,000 local homes.
Tom Hill-Norton, CFO of Belltown Power, said: “We have enjoyed working with the Hadstone team on this transaction, and remain impressed with their professional approach to project development and community engagement. The Watchfield solar farm project represents an important acquisition for Belltown, as our first solar project, and a positive step towards our renewable generation goals.”
James Rowe and Philip Deeks of Hadstone Energy added: “We’ve worked with the team at Belltown Power for a couple of years and are delighted to have now completed a transaction with them. Their capabilities and professional attitude give us a lot of reassurance that the project, which we have really enjoyed working on with the landowners and local community, is in good hands.”
