Schroders Greencoat has acquired the 28.5-megawatt Stokeford Solar Farm through its U.K. flagship private markets fund on behalf of its clients. The seller was Innova and its joint venture partner Will Bond, the land owner at Stokeford Farm.
This represents the fourth transaction between Schroders Greencoat and Innova. Financial terms were not disclosed.
Located near Wareham in Dorset County, England, the Stokeford Solar Farm site was developed by the Innova-led JV. It is also part of a shared grid connection with the 8-megawatts-peak Alaska Wind Farm, one of a few shared solar-wind grid connections at utility scale in England.
In July 2022, the site was awarded a contract for difference by the Department for Business, Energy and Industrial Strategy, and on July 31, 2024, it was energized. The design, module procurement, EPC and the ICP construction contracts, in addition to the unique technical and commercial complexities involved with a shared grid connection,
