Fengate Capital acquires British solar parks for $110 mln
Fengate Capital Management, a Canadian infrastructure and real estate investment firm, has purchased two solar parks in the United Kingdom for $110 million. The parks, co-developed by Kinetica Solar and WElink Energy, are the 39 megawatt Raventhorpe site in North Lincolnshire, England and the 7 megawatt Roanhead site in Cumbria, England. Fengate said the deal increases its power generation assets to over 300 megawatts. Earlier this year, Toronto-based Fengate raised a US$180 million infrastructure fund in partnership with KB Asset Management and institutional investors.
2 December 2015•2 mins read
