Foresight Group and Elgin Energy have partnered to develop a pipeline of greenfield solar projects across the UK.
The companies said they have formed a joint venture to develop six projects located in England, Wales and Scotland, with a total generating capacity of 200MW.
Ronan Kilduff, managing director of Elgin Energy said: “This important partnership with Foresight, a leading player in the UK solar industry, further enhances Elgin Energy’s successful transition into a post-subsidy world - fulfilling our 2020 vision of delivering large-scale, unsubsidised projects to market.”
Peter Bolton, Director, Foresight said: “At Foresight, we are pursuing opportunities for our investors that can offer strong returns from de-risked structures.
“We see solar PV enjoying a second phase of growth driven by continuing optimisation of assets and the ongoing reduction in the capital costs.”
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