Greencoat Capital has acquired Canadian Solar's 42 MW of UK solar assets, taking its stake in the UK market to approximately 470 MW and making it one of the largest asset owners in the country. Canadian Solar has developed a significant portfolio of high quality operating UK solar PV assets… We continue to see great opportunities in the secondary market and demand for exposure from investors. The portfolio is made up of 24 sites across the UK with seven accredited under the feed-in tariff scheme and the remaining sites eligible for the Renewable Obligation Certificate scheme (ROC). "We are delighted that we have been able to secure a significant investment from Greencoat," said Mark Williams, CEO of SolarCity.
Greencoat Capital has acquired Canadian Solar's 42 MW of UK solar assets, taking its stake in the UK market to approximately 470 MW and making it one of the largest asset owners in the country. The portfolio is made up of 24 sites across the UK with seven accredited under the feed-in tariff scheme and the remaining sites eligible for the Renewable Obligation Certificate scheme (ROC). "We are delighted that we have been able to secure a significant investment from Greencoat," said Mark Williams, CEO of SolarCity.