Bluefield Solar acquires Norfolk solar plant for £56.5m
Investment group Bluefield Solar Income Fund said it will acquire a solar energy plant in Norfolk from Chinese group Trina Solar Luxembourg Systems Sarl for £56.5m.
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The London-listed company said the photovoltaic plant has a capacity of 49.9 megawatts peak and will bring the group portfolio's combined energy capacity to over 250 megawatts, Bluefield said.
The group added that the deal was partly funded by using £20m of its £50m revolving credit facility with Royal Bank of Scotland.