Encavis AG is acquiring from Industria Brand Energy Limited all shares and rights in the Chiltern Renewables Hockliffe Limited solar park, which is ready for construction and will have a generation capacity of 26 MWp.
The solar park in Hockliffe (around 40 miles from London) will be connected to the grid in the first half of 2023.
“We will start construction of the solar park in Hockliffe as soon as possible and sign an attractive Power Purchase Agreement (PPA) once we have acquired a larger portfolio of additional solar parks in the UK,” says Mario Schirru, Chief Investment Officer of Encavis AG. “Until then, we will market the electricity generated in the short term. This means that this project in Hockliffe is initially one of the 5% of sales that have not yet been priced,” Schirru continued.
Source: https://www.encavis.com/
Image source: Courtesy of ENCAVIS
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