While the UK is not necessarily known for sunny weather, there are several solar investors in the UK that own a huge portfolio of PV assets. Three of the largest PV portfolio owners in the UK are the following.
As a part of Octopus Group, Octopus Investments is an investment management company which manages a number of investment funds. Founded in 2000, it is now one of the fastest-growing companies in the UK, managing over £12.5 billion on behalf of its investors. As the largest investor of solar power in Europe, its total portfolio has a capacity of 3GW which is enough to cover the electricity consumption of 2.0m UK homes.
The company is a sustainability-led asset and investment manager and currently manages £12.2 billion for some of the world’s largest investors. With several funds, Foresight Group invests into all forms of renewable energy in Europe and Australia. With its different funds, it owns several utility-scale solar assets in the UK as well as internationally. For example, with its Foresight Solar Fund Limited, the Company owns an operational portfolio of 50 assets in the UK with a total installed capacity of 723MW.
Founded in 2007, the NextEnergy Solar Fund soon became one of the leading operating asset and investment managers in the solar energy sector. As one of the largest solar funds that is listed on the London Stock Exchange, the NextEnergy Solar Fund owns 100 PV assets with a total installed capacity of 865MW.
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Image Source: Andreas Gücklhorn via Unsplash (21.07.2022)