Developer of Renewable Energie Innova has sold ITS27.5 MW Ducklington Solar Project to investment firm Schroders Greencoat.
The Ducklington Solar Project is located in Oxfordshire and received the planning stamp in March 2022. Construction is expected to start in the first quarter of this year, whereby the generation is expected to start at the beginning of 2026.
Ducklington Solar was assigned a contract in the September 2024 Contracts for Difference (CFD) a contract, AR6. Five other Innova projects have also concluded contracts in AR6, including the Preston Farm Solar Development in Somerset, Parkgate Farm Solar in Essex, Tollish Hall Farm Solar and Bedworth Solar, both in Coventry.
This is the fifth solar project that Innova has sold to Schroders Greencat, a total of 110 MWp capacity. In November 2024, Innova sold the 28.5 MWP Stokeford Solar Park to Schroders, after he had previously worked with the company under their joint venture partnership, is Renewables, which was formed in 2023. ISG Renewables has previously the 10mwp carn nicholas solar development has From Innova, from Innova, Van Innova, Van Innova, Van Innova, Van Innova, Van Innova, Van Innova, Van Innova, Van Innova, from Innova. Like the 22.6 MWP Bicker Fen Solar Park and the 27.8 MWP Elms Farm Solar Park, which was confirmed at the end of last year.
Christian Miller, investment manager at Innova, said: “It is with great pleasure that we announce the repulsion of our fifth project of our DNO pipeline on a Schroders Greencoat management fund. We look forward to working closely together in the future while we build on our shared ambitions. ”
Matt Yard, co-head of Solar & Storage at Schroders Greencoat, added: “We are delighted to collaborate with Innova on another exciting solar project in the UK that will be going on in Oxfordshire this year. The project supported by CFD underlines our dedication to delivering long-term, inflation-linked returns for our investors, while the transition from the UK to a low-carbon future also accelerates. “
Schroders continues to expand his reach
Schroders Greencoat expanded his portfolio considerably in 2024, with a number of large acquisitions.
The year started with the investment fund that announced that it would complete what the largest solar acquisition ever was called, because it was 53 PV energy plants for solar energy protected with a combined capacity of 513.5 MWp from Toucan Energy in a deal worthy of £ 700 million.
In July, the company acquired an 110 MW British solar port feuille, consisting of three assets throughout England, from Metlen Energy and Metals. Less than a month later, the fund completed the purchase of the 80.5 MWP South Meath Solar Farm from Statkraft, and later in August 2024 the 49.9 MW Tiln Farm Solar Project from Lightsource BP acquired.
