NextEnergy Solar is paying £3.2m to expand its existing plant at Bilsham by 2.6MWp and up to a further £22.9m to acquire 21.2MWp Langenhoe solar power plant in Essex which is being constructed under an Engineering, Procurement and Construction contract negotiated by NESF’s investment adviser, NextEnergy Capital Limited. Langenhoe was connected to the grid on 4 March 2015. Langenhoe will be accredited under the 1.4 Renewable Obligation Certificate (“ROC”) regime. Bilsham Phase Two will also be accredited under the 1.4 ROC regime. NESF has structured the deal so that they will only buy Bilsham Phase Two if it is grid connected in full ahead of 31 March 2015.
NESF : NextEnergy Solar expands Bilsham and adds another plant