HomeWorld RegionsEuropeBluefield acquires UK's largest solar array from Centrica subsidiary

Bluefield acquires UK’s largest solar array from Centrica subsidiary

/reSolar energy investment firm, Bluefield has acquired a 4.1 MW solar array from Centrica subsidiary, British Gas Solar.

It is the largest solar array on an industrial site in the UK and has been built on Toyota‘s vehicle manufacturing facility in Derbyshire, England.

Bluefield and British Gas Solar have an established track record in constructing solar energy assets for industrial users, the Toyota (TYO: 7203) plant being one of the highest profile, having previously worked successfully in partnership in the funding, construction and operation of solar energy plants for multiple industrial companies.
Bluefield site Toyota
Mike Rand, partner at Bluefield said “Bluefield believes that investing in industrially connected solar energy installations can provide real benefits for UK industry and the environment whilst delivering attractive investment characteristics to private and institutional investors. In addition to funding large ground based solar energy installations, Bluefield is working closely with British Gas Solar to continue funding solar energy installations for major industrial energy users in 2013”.

Following recent announcements by the UK government’s Department of Energy and Climate Change (DECC) regarding ongoing support for solar energy through feed-in tariffs and renewable energy obligation certificates, Bluefield expects 2013 to offer significant opportunities for growth in the solar energy market in the country and anticipates playing a key role in funding the ongoing build out of the sector.

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