The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.
NTR has landed €229 million (£207 million) in commitments for its second renewable energy income fund, attracting interest from some of Europe’s biggest financial powerhouses.
Foresight Solar Fund has issued almost 54 million ordinary shares in an effort to raise £34 million to transfer ownership of 11 solar farms from other funds managed by the Foresight Group.
Foresight Solar Fund is targeting the purchase of a 72MW solar farm portfolio for just over £30 million as the investor continues its pattern of acquisitions over 2018.
NextEnergy Solar Fund (NESF) has continued to build on its activity in the secondary market, buying up ten operational solar farms with a combined capacity of 46.6MW.