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

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.

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.

Email Newsletter