Octopus Energy Group launches EUR220mn OEDP renewables fund
Octopus Energy Group has launched its latest renewable fund, Octopus Energy Development Partnership (OEDP), with a target size of EUR220 million (US$219.25 million).
The fund seeks to invest in about a 24% stake in Exagen which is the developer of large-scale solar and battery facilities. The deal covers an option to purchase a battery energy storage facility in Midlands, England which is expected to be operational by 2027.
OEDP plans to invest in the early stages of the development of new green energy projects which include solar photovoltaics, wind energy generations, and energy storage projects across the UK and the rest of Europe.
Country updates
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August 24, 2022
ENCAVIS AG buys ready-to-build 26 MWp solar project in Hockliffe
Encavis AG is in the process of purchasing all shares and rights of Industria Brand Energy Limited in the 26 MWp solar photovoltaic (PV) project in Hockliffe, England, the UK through the&nbs...
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August 24, 2022
Downing, Yorkshire Water to develop 28 new solar projects
Yorkshire Water has selected Downing LLP to develop and operate 28 solar photovoltaic (PV) projects in Yorkshire, UK. The installation of solar parks will directly contribute to Yorkshire Water's com...
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August 22, 2022
Erova Energy signs PPA for Greencoat’s 72 MW Braes of Doune Wind Farm
Erova Energy has signed a long-term power purchase agreement (PPA) with Greencoat for its 72 MW Braes of Doune Wind Farm project located in Stirlingshire, Scotland, UK. The wind proje...
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August 17, 2022
Gresham House acquires two UK solar and battery energy storage projects
Gresham House has finalized the acquisition of two solar and energy storage projects in the UK from Canadian Solar Inc. Canadian Solar will remain involved in the projects as an operations and mainten...
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August 12, 2022
Iberdrola plans to build green hydrogen production plant at the Port of Felixstowe
Iberdrola, through its subsidiary ScottishPower, plans to build a large green hydrogen production facility located at the Port of Felixstowe in Suffolk, England, UK. The EUR170 million (US...
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