Bluefield Solar Acquires Six Plants In UK
Bluefield Solar Income Fund has acquired six additional solar photovoltaic (PV) plants with an energy capacity totalling 104.5 MW Peak for GBP149 million. These include three 5 MW Solarcentury projects announced on 23 December.
The acquisitions have been funded using an amended credit facility with the Royal Bank of Scotland which increased funds available from BGP 50million to GBP 200 million.
The company has acquired a portfolio of four operational solar PV assets totalling 94.5 MW Peak from Primrose Solar Management Limited.
The projects in the Primrose portfolio are located in Hampshire (48 MW), Kent (17 MW and 18 MW) and Sussex (11.5 MW) and have been constructed by two different contractors: Solarcentury and ib vogt. All have been accredited for 1.4 renewable obligation certificates.
