Finnish Renewables Investor Korkia has announced the sale of one of his projects for developmental subsidiaries to Nextpower UK.
Korkia's Development Company, Climate ER HELIO, a joint venture (JV) between Korkia and Solar Developer Climate, he sold his mere flat-flat project, a 56 MWP Solar PV plant that was brought together with 16 MW battery energy storage in NextPower UK, a global investor Nextenergy Capital Managed fund.
It is located in South Yorkshire and is the first of the BESS portfolio (Nine-Project Solar and Battery Energy Lager Systems) of the JV in Great Britain to achieve a deputy level that is fully approved and with the most important permits and land rights.
Korkia and the Klimaer Helio were advised on the sale of PKF Francis Clark and TLT with the Due Diligence of providers of GA lawyers and Esmart networks.
Pauli Mäenpää, CEO of Korkia, said that the company has many projects this year available this year after 2024 was “a record year for investments in the global area of renewable energies”.
Korkia has an independent development pipeline of over 130 projects in eight countries, whereby country -specific partnerships such as the Climate er Helio in Great Britain. In March of last year, the Solar developer Global Consulting Energy was teamed up to develop a 1 -gw -Italian Solar -PV portfolio that focuses on Greenfield and Brownfield Solar PV development.
The focus of Korkia is on the scale on the ground of Mount Solar PV, Bess and Onshore-Wind worldwide.
James Spooner from Climate he Helio said that Great Britain was a key market for Korkia and added that this was not the first transaction that the company had completed with Nextenergy – the two also closed in Spain and Chile.
Investment Director UK for Nextenergy Capital, Spyros Sfantos, commented: “When the British government promises to increase the solar power capacity of 16 GW to 70 GW by 2035, NextPower UK and the Nextenergy Capital team are in a large position to grasp this growth.”
The NextPower UK portfolio reaches 731 MW
Sfantos found that the transaction markings from NextPower UK (NPUK's) bring fifteenth acquisition and the fund's portfolio capacity to 731 MW. Last year it made three acquisitions in November alone.
The fund was first introduced in December 2021 and has 249 MW operational solar assets in Great Britain in Great Britain. It is said that it is over 400 MW of operating capacity this year and the portfolio of NPUK will exceed 1 GW solar capacity.
At the beginning of this week, Nextenergy Capital announced that NPUK had collected 733 million GBP at its last fundraising degree, which almost 50% included in the targeted fundraiser of 500 million GBP. The British government's national asset fund (NWF) was the “cornerstone” NPUK in NPUK, which invested 250 million GBP on game financing.