NextEnergy Solar Fund ( NESF ) has raised £ 100 m ( $ 150 m ) in funding to repay debt and develop subsidy - free projects in the UK . NESF is one of a handful of companies committing to build out subsidy-free solar projects in the UK this year, and in June confirmed that construction work had started on its maiden foray into unsubsidised UK solar. Around £ 100 m of the funding will go towards developing short - term debt facilities , with the remaining funds set to be invested in pipeline opportunities . NESF began construction on its first subsidy - free solar project in the UK in July .
NextEnergy Solar Fund ( NESF ) has raised £ 100 m ( $ 150 m ) in funding to repay debt and develop subsidy - free projects in the UK . Around £ 100 m of the funding will go towards developing short - term debt facilities , with the remaining funds set to be invested in pipeline opportunities . NESF began construction on its first subsidy - free solar project in the UK in July .