Anesco is partnering with Gresham House for the development of a 200MW solar PV portfolio.
Whilst Gresham House will fund the portfolio – which consists of assets ranging from 20MW to 50MW – all engineering, procurement and construction (EPC) will be handled by Anesco, which is also to provide long-term operations and maintenance following energisation of the sites.
The development and construction partnership is to last three years, with the transaction – which has a value in excess of £100 million – being Anesco’s largest to date. The two companies already having a long-standing relationship, with Gresham House acquiring Anesco’s 12MW Bumpers solar farm in 2020.
Gresham House plc (LON:GHE) is a London Stock Exchange quoted specialist alternative asset manager offering funds, direct investment and tailored investment solutions, including co-investment, in public equity, private assets, forestry, new energy and housing.