Anesco Community Energy buys two solar farms

Anesco Community Energy has purchased another two solar farms near Stratford-upon-Avon, bringing the company’s generation capacity to 19MW, including 4MWh of battery storage.

It has agreed the purchase of the sites, named Willows and Poplars, from Anesco Ltd. The purchase follows its acquisition of solar farms in Chesterfield and Stratford in March. Each of the new farms will be connected to the grid and fitted with a battery storage unit.

Close Brothers helped to to finance the deal. Members of the public will be able to invest in the solar projects through the purchase of solar bonds and a portion of profits from the sale of power will be given to local charities. The public solar bond schemes for the Chesterfield and Stratford solar sites have closed as the required funds have been invested.

Adrian Pike, chairman of Anesco Community Energy, said: “We’ll be looking to open up the two new projects for public investment through our peer to peer lending partner, Trillion Fund, within the next few weeks so that members of the public have the opportunity to invest in these new community energy projects.”

Commenting on Anesco Community Energy’s future plans Adrian said: “The funding we have received from Close Brothers has allowed us to really hit the ground running, purchasing four solar farms within just two months of setting up. This latest investment will enable us to expand our portfolio even further in the coming months and progress our mission to combat climate change while having a positive impact on local communities.”

To find out more about Anesco Community Energy and its current projects visit anescocommunityenergy.co.uk

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