L&G NTR Fund Invests in Nottinghamshire Solar and Battery Project
The L&G NTR Clean Power Europe Fund III has secured investment in Fair Oaks Renewable Energy Park, a solar and battery energy storage project in the UK. This partnership aims to enhance local energy stability and contribute to the European clean energy transition.
Theia Market Signal Identification - AI Assisted
The L&G NTR Clean Power Europe Fund III is investing in the Fair Oaks Renewable Energy Park in Nottinghamshire, a project featuring 75.4MWp of solar photovoltaic and a battery energy storage system of 49.9MW/99.8MWh. Construction is set to commence in 2026, with operations expected to begin in early 2028.
The initiative has a grid connection offer, planning consent, and a secured contract for difference. Ridge Clean Energy will collaborate with the fund to advance the project, focusing on local community benefits. This investment marks the fund's second UK project, following offshore wind initiatives, highlighting a commitment to enhancing energy security and supporting sustainable local development.
Comments