finance

Solar Power Portal runs through those nominated for this year’s financial innovation award.

NextEnergy Solar Fund has added a further £42 million to its acquisition firepower after closing a tap share issue programme.

Employment in the UK’s domestic solar industry has contracted by approximately one-third in the last year against a backdrop of subsidy cuts and other policy interventions, and further job losses are strongly expected.

Moixa Technology is hoping to raise up to £20 million by the end of the year to fund its expansion into Europe, and has recently gained investment from three big beasts from the UK energy sector.

The sale of three UK solar farms is underway after European Solar Farms, a division of European Energy, signed a conditional deal with the subsidiary of a Danish pension provider.

Quercus Assets Selection has announced the successful debt financing of three UK solar farms after securing £13.6 million of portfolio level debt from Santander UK over a ten-year tenor.

Primrose Solar has secured a £42 million debt financing deal with Deutsche Bank to refinance the Eveley solar farm it purchased in December last year.

Confirmation that the UK has voted to leave the European Union has prompted fresh calls for the low-carbon sector to be granted more investment certainty.