Small Commercial Solar Power Installation Acquired for Private Investor
Spring Park Capital (“Spring Park”) has funded the acquisition of a 0.19 MW commercial solar power installation. Specialist renewable investor Spring Park, was supported by a private investor.
The solar installation was installed in 2011 and will continue to benefit from subsidy income to 2036. 100% of the power from the installation is sold to the underlying operating tenant in the building on a long term PPA underwritten by the Landlord. Spring Park was founded to undertake these complex technical transactions that are difficult for investors to execute without specialist knowledge.
Jeremy Milne, Founding Partner at Spring Park, said, “This acquisition cements Spring Park’s reputation in the market as a preferred buyer of PV solar assets especially commercial rooftop”