WIRSOL Energy, the company founded by and subsidiary of WIRCON which focuses on both on-shore wind markets and solar markets, announced that it has concluded the sale of two solar parks to Bluefield Solar Income Fund (“BSIF”), the two solar parks total 42MW.
The first project, Roves Farm, Wiltshire is a 13MW solar park and has been successfully connected to the grid with G59 issued and qualification under 1.4ROC’s. The second project, Elms Farm, Oxfordshire is a 29W solar park which is in the final phases of construction and scheduled for connection to the grid to qualify under 1.4ROC’s.
Aside from the projects currently under construction, we have further projects under development in-house and we are actively seeking the acquisition of additional shovel ready projects in the UK. Coupled with our investment in sister company Bluesky Solar Energy Ltd. who focus on residential and commercial rooftops we have a very busy schedule ahead of us within the UK solar market throughout 2015 and beyond.” said Mark Hogan, Managing Director of WIRSOL Energy Ltd.
Mike Rand, a partner at Bluefield Partners, the Investment Advisor to BSIF commented, “The conclusion of these two solar park acquisitions form a key part of the portfolio BSIF announced previously and is expecting to conclude under the 1.4 ROC regime. Following the positive experience with these two recent projects WIRSOL and Bluefield are actively discussing extending their relationship to work on further projects together, building upon the now established partnership between the two teams.”
The above is an excerpt of WIRSOL Energy Ltd. announces the sale of 42MW of two solar parks in the UK to Bluefield Solar Investment Income Fund Ltd. by WIRSOL. Image Credit: WIRSOL.