British Solar Renewables (BSR), an integrated solar project developer in the U.K., announced the acquisition of the Little Crow solar project from INRG Solar, a solar project developer. The project includes a 150 MWp solar installation co-located with a 60 MW battery energy storage system.
The project is located 2.5 kilometers northwest of the village of Broughton in Lincolnshire, U.K. The acquisition is part of the company’s goal to construct and operate 700 MW of renewable energy capacity by 2027, helping the country reach its 2030 clean energy targets.
JLL Energy and Infrastructure acted as the exclusive sell-side advisor on the transaction. The company did not disclose the financial details of the acquisition.
“We’re thrilled to have reached this significant milestone and to officially welcome Little Crow as a BSR project. We’re excited to move into the delivery phase and to see it fully come to life through our design and construction,” commented Tim Humpage, chief executive officer at British Solar Renewables.
Last year, in June, British Solar Renewables secured an undisclosed amount of funding for solar PV and battery storage portfolio of projects with a total capacity of 124 MW located in the U.K. and Australia. The portfolio comprises five built or in-build co-located solar, battery energy storage, and standalone solar assets, with a combined solar generation of 132 GWh per year.
ICG, an alternative asset manager, acquired British Solar Renewables through its debut infrastructure fund, ICG Infra I, in July 2022.
According to Mercom’s Annual and Q4 2024 Solar Funding and M&A Report, 217 large-scale solar project acquisitions totaling 37.7 GW were transacted in 2024, compared to 231 transactions totaling 45.4 GW in 2023.
Earlier this month, Fotowatio Renewable Ventures (FRV) Australia, a renewable energy project developer and part of Jameel Energy and the Canadian infrastructure fund OMERS, announced the acquisition of the Axedale project from ACEN Australia, a renewable energy project developer.
