Post-subsidy UK market pulls in Danish investor for 500MW solar-storage pipeline

LinkedIn
Twitter
Reddit
Facebook
Email
Clayhill, a recently completed subsidy-free UK project. Image: Anesco.

A new joint venture between a UK-based asset manager and a Danish renewables investor has been signed to fund a 500MW solar and storage pipeline in the UK.

Armstrong Capital Management will collaborate with European Energy A/S to bring forward the pipeline of utility-scale power projects, becoming the latest investors to join the momentum building behind Britain’s subsidy-free renewables market.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

European Energy had invested in UK renewables before, and project director Thorvald Spanggaard said the company had been keen to re-enter the market “for some time now”.

Read the full story at PV Tech.

Read Next

May 1, 2025
Copenhagen Infrastructure Partners (CIP) will divest a 50% ownership stake in its 500MW Coalburn 1 BESS to alternative investor AXA IM Alts.
Sponsored
May 1, 2025
Alper Peker and Dominic Multerer of Camopo explain how flexibility is the key to long-term profitability for hybrid renewables-plus-storage power plants.
May 1, 2025
Yarra Energy Foundation has secured funding to install three new community batteries in and around Melbourne, Victoria, Australia.
May 1, 2025
AEMO has revealed that, as of March 2025, the pipeline of new standalone BESS in the NEM has increased by 86% year-on-year (YoY).
Premium
April 30, 2025
Leading BESS owner-operators in the UK have signalled their opposition to the government’s cap and floor support scheme for long-duration energy storage (LDES) in an open letter. We spoke to one its signatories James Basden, founder of Zenobē, about why.

Most Popular

Email Newsletter