Solar

The solar parks have a combined generating capacity of 56.6MW and are valued at £73.7m.

The acquired projects include the 24.2MW plant at Parley Court Farm, Dorset, the 21.2MW plant at Egmere Airfield, Norfolk and the 11.1MW plant at Penare Farm, Cornwall.

Engineering firm Isolux Corsán built the projects, which feature ReneSola modules.

Isolux Corsán will continue to provide operations and maintenance services under an agreement covering the two year warranty period.

TRIG said short term power purchase agreements are already in place for the new parks, and longer term replacements are being considered.

The acquisition brings TRIG’s portfolio to 27 investments totaling about 398MW with solar PV parks make up 11 of the entire projects.

TRIG investment manager Richard Crawford said: "These three large scale solar projects nearly double the generating capacity of TRIG’s solar PV portfolio.

"Solar now accounts for in excess of one third of the Group’s investments by value, up from 10% at IPO, providing investors with good exposure to the two well-established and complementary technologies of onshore wind and solar PV."


Image: The solar parks have a combined generating capacity of 56.6MW. Photo: graur codrin/FreeDigitalPhotos.net.