Napier Park Global Capital (Napier Park) and Ethical Power Group (Ethical Power) have formed a joint venture, Lynher Energy, to invest in large-scale solar and battery storage assets in the UK and Europe.
Ethical Power will act as servicer to the joint venture, including the provision of services relating to development, construction, operations and maintenance, and asset management.
The partnership intends to invest in development assets to which Ethical Power can bring its extensive experience in the design, optimisation and construction of renewable energy projects to build high-quality, valuable assets.
Napier Park plans to fund the investment in the venture from its Multi-Asset Fund.
