Solar Markets & Finance

Solar has secured more than 2.2GW at a price of £45.99/MWh in the latest Contracts for Difference (CfD) auction.

OVO will invest £1 million to support new solar and wind farms through power purchase agreements (PPAs).

Canadian developer Boralex has acquired renewables developer Infinergy’s 338MW pipeline of renewables and energy storage developments in the UK.

NextEnergy Solar Fund has extended its existing £70 million revolving credit facility (RCF) with Santander UK.

Dragon LNG, the operator of a liquefied natural gas (LNG) terminal in Pembrokeshire, Wales, has partnered with renewables developer Anesco as it aims to transition to renewable energy and reduce its carbon emissions.

Battery energy storage company Field has secured £77 million in funding as it looks to continue the rapid expansion of its portfolio.

Increased power price forecasts boosted NextEnergy Solar Fund’s (NESF) full year results as its revenue grew by 19% to £114 million.

Downing Renewables & Infrastructure Trust (DORE) has raised c.£52.9 million to repay its revolving credit facility.

Harmony Energy Income Trust plc has secured a £60 million debt facility from NatWest to support the acquisition of the company’s first pipeline project.

Octopus Renewables Infrastructure Trust (ORIT) has acquired a c.68MW ready-to-build solar PV project in Cambridgeshire from AGR Renewables.