Spanish energy company Iberdrola has bet big on the UK market through the acquisition on 17 solar PV projects from Elgin Energy and Lightsource bp, taking the firm’s share of UK solar from 2% to 9% and making it one of the biggest players in the market.
UK developer Elgin Energy is targeting 5GW of solar-plus-storage across its core markets by 2025 after completing a £25 million (US$33.3 million) fundraising round
Solar and storage developer Elgin Energy has closed a deal with Berenberg that will see the German bank finance the development of 1.36GWp of its PV portfolio.
A 50MW solar farm has been approved at a former RAF airfield, giving UK-based firm Elgin Energy the greenlight to develop Scotland’s largest consented solar project in the early 2020s.
