Alpha Real Capital (Alpha), a specialist manager of secure income real assets, has closed its largest solar transaction to date with the acquisition of Innova Energy, a GBP86 million multi-asset operating portfolio.
Alpha Real Capital (Alpha), a specialist manager of secure income real assets, has closed its largest solar transaction to date with the acquisition of Innova Energy, a GBP86 million multi-asset operating portfolio.
Alpha has acquired 17 solar farms located across the UK including extension and expansion rights. The addition of the 61.5MW portfolio takes Alpha’s annual low carbon generation to circa 540 GWh, equivalent to powering 186,000 homes, and offsetting 115,000 tonnes of CO2e annually. This latest acquisition means 2021 was Alpha’s most active year yet in UK renewables.
Alpha was advised on the acquisition by Lux Nova Partners (English law), Moore Kingston Smith (tax and financial), ITPEnergised (technical), Mills Selig (Real Estate) and Harper Macleod (Scots law).
