Renewable-energy business Anesco has agreed to partner with Gresham House on a 200-megawatt ground-mounted solar PV portfolio in the United Kingdom.
The agreement will see Gresham House funding the portfolio of grid-scale assets, which will comprise sites ranging in size from 20 megawatts to 50 megawatts of generation capacity.
The shovel-ready sites form part of Anesco’s growing development pipeline. All engineering, procurement and construction will be handled by Anesco, with the company also providing long-term operations and maintenance once the sites are energized.
The development and construction partnership will span three years. Valued at more than £100 million ($136 million), it is Anesco’s largest transaction to date and will underpin significant growth in the coming years. Construction of the first site is expected to commence later this year, with the full 200-megawatt portfolio anticipated to be completed within the three-year period.
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