NextEnergy Solar Fund (NESF) has raised £100m ($120m) in funding to repay debt and develop subsidy-free projects in the UK. Earlier this week Solar Power Portal revealed that the UK’s large-scale solar pipeline had surged to 5GW, with project developers returning to action as solar economics continue to shift. The fund is managed by a consortium of investors including BP Plc, EDF Energy, China Development Bank (CDB) and NESF began construction on its first subsidy-free solar project in the UK in June.
NextEnergy Solar Fund (NESF) has raised £100m ($120m) in funding to repay debt and develop subsidy-free projects in the UK. The fund is managed by a consortium of investors including BP Plc, EDF Energy, China Development Bank (CDB) and NESF began construction on its first subsidy-free solar project in the UK in June.