Enviromena Secures Financing for 70-MW Solar Project in Essex

• Enviromena secures GBP 30 million for 70-MW solar park in Essex, part of their goal to add 500 MW of solar power in the UK by 2026.

Enviromena, a UK clean energy company, has secured debt financing of GBP 30 million for a 70-MW solar park in Essex, southeast England. The funding was provided by Close Brothers Energy and is part of a larger facility arranged for the end of 2023. The project, named Medebridge solar farm, is currently under construction and is expected to be operational by the summer of 2025, covering 175 acres of land and producing over 71,000 MWh annually.

Enviromena manages over 300 MW of renewable energy assets and has a solar and storage project pipeline of over 3 GW in the UK and Italy. The company recently received planning permission for a 42.4-MWp solar project in Dorset, England, as part of its goal to add 500 MW of solar power in the UK by 2026. The financing for the Medebridge solar farm will support Enviromena's expansion and contribution to the clean energy sector.

What is Enviromena's plan for solar power expansion in the UK?

• Enviromena plans to add 500 MW of solar power in the UK by 2026.
  
• The company has secured debt financing of GBP 30 million for a 70-MW solar park in Essex, southeast England.
  
• Enviromena's solar and storage project pipeline in the UK and Italy is over 3 GW.
  
• The Medebridge solar farm project is expected to be operational by the summer of 2025, covering 175 acres of land and producing over 71,000 MWh annually.
• Enviromena recently received planning permission for a 42.4-MWp solar project in Dorset, England, as part of its expansion goals.