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TRIG : Renewables Infrastructure buys three more solar parks
The Renewables Infrastructure Group has acquired three operational solar parks in Dorset, Norfolk and Cornwall. Combined the parks have the capacity to generate 56.6MW.
Parley Court Farm in Dorset is a 24.2MW plant built by Isolux Corsan and attracts a subsidy of 1.6 ROCs.
Egmere Airfield in Norfolk is a 21.2MW plant built by Isolux Corsan and attracts a subsidy of 1.6 ROCs.
Penare Farm is Cornwall is a 11.1MW plant built by Isolux Corsan and attracts a subsidy of 1.6 ROCs.
The Renewables Infrastructure Group is paying for the acquisition using a mixture of cash an its debt facility (now £40m drawn).