NextEnergy Capital鈥檚 UK solar energy infrastructure fund has added the 50MW Staughton Solar Farm to its portfolio.
The acquisition of the solar farm in Bedfordshire represents NextPower UK ESG鈥檚 twelfth acquisition and its second acquisition this month, lifting the fund鈥檚 portfolio capacity to 565MW.
NextPower UK ESG now operates 178MW of solar assets and co-located energy storage in the UK. Additionally, it has 387MW of solar and energy storage projects under construction or ready to build, with more acquisitions planned in the near term.
NextEnergy Capital said the fund is actively fundraising towards its hard cap, having secured 拢683m (鈧�831.8m) in committed funds to date, approximately 37% above its 拢500m target. Several investors are currently in late-stage due diligence, with additional capital expected to close in the coming weeks, the manager added.
Spyros Sfantos, investment director UK, NextEnergy Capital, said the fund鈥檚 total capacity has grown to an impressive 565MW since its launch in August 2022, 鈥渨e expect to see further growth in NPUK鈥檚 [NextPower UK ESG] total capacity through the end of the year and into 2025 through further acquisitions鈥�.
鈥淣PUK remains on track to outperform its return and dividend targets, with dividends to date being significantly above the target.鈥�
To read the latest 91传媒在线 magazine click here.
