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WIRSOL disposes of portfolio consisting of 19 solar projects in the United Kingdom
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WIRSOL disposes of portfolio consisting of 19 solar projects in the United Kingdom

by WoR Network EditorMay 31, 2017

Investment company Rockfire Capital acquires solar parks in Great Britain, expanding its portfolio in the field of renewable energies.

London. WIRSOL has sold part of its portfolio of solar parks in the United Kingdom to the investment company Rockfire Capital. The portfolio disposed of by WIRSOL, in conjunction with its British subsidiary WIRSOL Energy Ltd., consists of 19 solar parks, two of them located in Northern Ireland. The 19 solar sites, each ranging between 2.5 MWp and 20.5 MWp, have a total capacity of around 105 MWp. Cumulatively the portfolio that has been sold produces enough energy to generate almost 100 gigawatt hours a year. This is sufficient to supply power to around 30,000 households in Great Britain and corresponds to a saving of almost 60 tons of carbon dioxide per year.

‘Collaboration with Rockfire in the course of the transaction was altogether positive. We will be continuing to build further solar parks in Great Britain in future. In the process, we will decide on a case by case basis whether it makes more sense to adopt and operate a plant on our own portfolio, or to pass it on to a suitable investor who is interested in a secure and very long-term investment, for example with a view to providing a stable basis for pension funds,’ said WIRSOL Managing Director Peter Vest, explaining the strategy of his company.

‘We concluded the deal with the Rockfire team to a very tight schedule. Both WIRSOL and Rockfire worked effectively and with full commitment in order to bring about this important transaction. WIRSOL Energy Ltd. is already engaged in the development and construction of important solar parks in Great Britain and Australia. We hope to continue this positive and effective relationship with Rockfire with success in future,’ stated Mark Hogan, Managing Director of WIRSOL Energy Ltd.

WIRSOL is planning the further development of major solar projects in the United Kingdom within the frame of non-subsidised programmes, and has started to build up a considerable portfolio in Australia.

 

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