Investment firm Triple Point has acquired 28MW UK solar from a joint venture between IG Renewables and developer Anglo Renewables.
Triple Point, which is investing through its funds, has invested an unspecified sum to acquire the photovoltaics (PV) project in Essex from the joint venture.
The 26ha project received full planning permission in February 2025.
Jonathan Hick, head of energy transition at Triple Point, said: “Securing ready-to-build sites, such as Toot Hill, with near term connection dates, located close to centres of high energy demand, is part of our strategy to accelerate the delivery of renewable energy infrastructure.
“The development when complete will deliver an overall Biodiversity Net Gain in excess of 60%, a testament to the calibre of IGR and Anglo’s teams. This acquisition provides a strong foundation for the construction of a high-quality operational asset and supports our broader ambition to invest in sustainable energy projects across the UK.”
Matt Black, managing director of IG Renewables, said: “It has been a pleasure working with our joint venture partner, Anglo Renewables, on this project, the first from our shared pipeline to secure planning permission and successfully reach sale.
“Having worked with the Triple Point team previously, we are delighted to complete this transaction with a partner recognised for their flexibility and collaborative approach.”
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