BSR, a British independent power producer backed by ICG, the global alternative asset manager with approximately $126 billion of assets under management, has received £130 million ($172 million) of financing from Eiffel Investment Group, a French asset manager specializing in sustainable investments and energy transition.
The debt raise takes the form of a mezzanine facility to support the next phase of BSR’s platform growth, supported by about 700 megawatts of highly contracted solar photovoltaic (PV) and colocated solar PV with battery energy storage assets across the United Kingdom and Australia. The projects will contribute to the United Kingdom’s net-zero transition, increasing the role of renewable energy in the
