Downing wins contract for 28 UK solar sites

• Agreement with Yorkshire Water to design, develop and also operate sites with consolidated 21MW capacity

Investment and property manager Downing LLP has actually been picked by utility Yorkshire Water to establish, layout, build and also operate a portfolio of 28 solar sites across Yorkshire.

The solar project, an investment worth around ₤ 25m (EUR29.4 m), will generate a total capacity of approximately 21MW, Downing claimed.

Yorkshire Water offers water as well as sewerage solutions to over five million individuals as well as 100,000 businesses in the Yorkshire area.

The building of the solar farms will contribute straight to Yorkshire Water's 2030 net zero pledge, as all power generated will certainly be taken in on site by the utility.

Downing partnered with net zero consultancy, Ikigai, that served as a calculated adviser as well as behind the meter co-development companion to Downing throughout the tender process, that began in 2020.

Investment director at Downing Sean Moore stated: "We're delighted to be partnering with Yorkshire Water for this solar project. Assisting a national utility business with its goal of reaching net zero by 2030 is a superb example of Downing's commitment to responsible investing.

" We are delighted to support energy-intensive markets such as public utility in making dynamic strides to reduce their carbon footprint."

Yorkshire Water commercial programme supervisor Daniel Oxley included: "This project is a substantial step in reaching our objectives of carbon net zero by 2030.

" As a result of modifications in the treatment procedure at our sites over current years, numerous have actually been entrusted excess functional land which can be utilized for the generation of renewable energy.

" These have been determined and also will certainly come to be house to new photovoltaic panel arrays.

" As soon as finished, the initial deployment of solar panels will certainly generate 4% of our annual power needs, boosting our renewable energy use, decreasing our exposure to power price volatility and also minimizing the functional expenses of our sites, which will certainly provide better value for cash for our customers."