acquisitions

Schroders Greencoat, Schroders Capital’s renewables infrastructure management arm, has acquired three solar PV assets from Metlen Energy and Metals (formerly Mytilineos).

Shell is to purchase 100MW of solar farms currently being developed by Anesco.

Canadian Solar has completed the sale of two fully-permitted solar and battery energy storage projects to Gresham House.

Mitie Group has entered into a sale and purchase agreement to acquire the entire issued share capital of rooftop PV firm Custom Solar.

Gore Street has completed the acquisition of a 90% stake in a 28MWh operational energy storage asset in Cremzow, Germany, as the company plans to “aggressively” pursue certain international markets.

Bluefield Solar Income Fund is celebrating a jump in earnings in a year that also saw an increase in debt and a drop in share price.

British Solar Renewables (BSR) is exploring acquisition opportunities after recognising it will need increased access to construction finance and growth capital.

Gresham House Energy Storage Fund (GRID) is on track to own more than 1.2GW of operational battery energy storage systems after securing a deal to acquire 425MW of projects from Gresham House Devco and expanding its exclusive pipeline by a further 427MW.

Gresham House Energy Storage Fund has unveiled an 802MW pipeline, with 275MW of this currently funded and due to start construction shortly.

Bluefield Solar Income Fund has posted strong results for the six months ending 31 December 2020, with net asset value (NAV) growing to £476.7 million.