Lynher Energy purchases 26MW Shropshire solar park

• Low Carbon Alliance and Cheswell Grange began working in 2020 to create Twitch Hill PV project

Lynher Energy has purchased a 26MW solar farm in Shropshire from owner Cheswell Grange.

Low Carbon Alliance and Cheswell Grange started working in 2020 to create Twitch Hill Solar Farm as part of a regenerative as well as ecological plan to react to the climate emergency situation and also commitments stated by Lillieshall Church and Telford and Wrekin Council.

The project obtained preparing consent in July 2022 for a solar facility that provides clean, renewable energy to the grid.

Lynher Energy is a joint venture in between a Napier Park Global Capital and Ethical Power.

The Twitch Hill Solar Farm remains in 36 hectares of mainly Quality 3b farming land between Lilleshall as well as Newport.

The location has actually not been made use of for plants and will certainly now be repurposed for the solar park.

To maximise land usage, lamb will certainly graze the land beneath as well as in between the suggested solar arrays.

Principal at Napier Park Chris Sparrow said: "We were pleased to have actually efficiently finished the deal with Low Carbon Alliance and Cheswell Grange.

" This procurement aligns with our long-term company approach of investment in sustainable green infrastructure as well as Twitch Hill Solar Farm is a valuable addition to our broadening solar and also battery storage space portfolio in the UK.

" We are delighted to continue our partnership with Ethical Power to ensure the finest construct of the project and also maximise the value of our investment."

Neil as well as Susanna Harley of Cheswell Grange said: "We are delighted to have actually finished the sale of the solar center on our residential property which will certainly support the fight versus climate adjustment and also aid safeguard the businesses future for us, our children and employees at a tough time for farmers."

On this deal, Lynher Energy was encouraged by Osborne Clarke on the lawful due diligence and also asset acquisition contract arrangements and Green Cat Renewables on the technological due diligence.

Thrings provided legal recommendations to Cheswell Grange.