Meadow Partners has acquired 10 ground leases for energy assets across the United Kingdom. The portfolio comprises eight gas peaker sites — combustion engines powered by natural gas that produce electricity on demand — and two battery energy storage system sites with a combined total capacity of 243.5 megawatts and 12.7 acres of land.
The portfolio is 100 percent leased to existing leading energy and infrastructure services tenants and is situated across two well-established and active industrial locations, Merseyside and the Isle of Sheppey in North Kent. The portfolio offers key grid access points in highly urban areas with stable and predictable gas and electricity demand. Gas peaker plants are critical for facilitating the integration of more renewable energy by providing backup power during peak demand periods.
“As the United Kingdom’s power system transitions from a fossil fuel-dominated grid to one increasingly shaped by wind, solar and interconnector fl
