9th Sep 2014 13:29
LONDON (Alliance News) - NextEnergy Solar Fund Ltd Tuesday said it has agreed to acquire a 14.5 megawatt solar power plant in Poulshot, Wiltshire for up to GBP15.2 million.
The solar farm management group has been using the proceeds from its flotation on London's main market earlier this year to buy operational UK photovoltaic solar assets.
It said it has now acquired seven plants, and has invested around 90% of its IPO proceeds.
Shares in the company were trading 0.3% higher at 104.82 pence per share Tuesday.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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