Acquisition of CSGH Solar Portfolio


JLEN, the listed environmental infrastructure fund, has announced the acquisition of the CSGH Solar Portfolio for a total consideration, including working capital, of £12.2 million.The portfolio comprises four ground mounted solar parks with a total generating capacity of 33.5MW.

Higher Tregarne, located in Cornwall, has been operational since March 2014, has a generation capacity of 5 MW and is accredited for 1.6 ROCs. The other three solar parks, Crug Mawr, Golden Hill and Shoals Hook, are located in South Wales, have been operational since March 2015, have a total generation capacity of 28.5MW and are accredited for 1.4 ROCs.

JLEN has purchased the entire share capital of the holding company of the CSGH Solar Portfolio from sPower Holdings (UK) Limited.

The acquisition was funded by a draw-down under the Company's revolving credit facility and brings the total capacity of the renewable energy assets in the JLEN portfolio to 225.2 MW.

Sponsor And Partners:

ISEA  
     
Lightsource  
     
La Tene Maps   NEO Environmental
     
Alternate Energy   Alternate Energy
     
BNRG Renewables   TLT
     
PV Europe   Willis Towers Watson
     
Willis Towers Watson   McCarth Kenville OSullivan
     
IHS  
     
 
     
 
     
 
     
  Northern Ireland Electricity Networks
     
Northern Ireland Housing Executive  
     

Trade Partners

BPVA Logo   Solar Trade Association
     
BPVA Logo   Solar Trade Association
     
BPVA Logo    
     

Organiser

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