Cambridge Power has sold a co-located solar and battery energy storage project to AGR Renewables.
The ready-to-build 49.9MW solar farm and 100MW battery energy storage system (BESS) will adjoin the Eaton Socon substation in Bedfordshire.
The BESS was granted planning permission in 2023 and the solar farm was approved in early 2025. The project is expected to commence construction in August.
The scheme includes ecological and landscape improvements. The solar component is expected to result in a net biodiversity gain of over 100%, while the co-located BESS is projected to contribute a 71% net gain in biodiversity.
Cambridge Power chairman Richard Stanton said: “This is an exceptionally well-located and well-planned solar and battery scheme which has been developed by Cambridge Power over the last five years.
“It will provide an important contribution to the transition to net zero and the Government’s Clean Power 2030 objectives.
“Cambridge Power has worked closely with AGR, who will construct and operate the scheme. Our focus remains on the promotion of high-quality grid-scale energy storage and renewable energy generation assets throughout the UK at such a critical time for energy infrastructure.”
Since 2019, Cambridge Power, a Pigeon Group company, has secured planning approvals for 750MW of renewable energy schemes and is working on the delivery of a pipeline exceeding 1GW across the UK.
This latest transaction follows the sale of the 29.9MW fully consented battery storage scheme at Rutherglen in Scotland in November 2024 to FTSE-250 investor NextEnergy.
AGR founder Oliver Breidt added: “The acquisition of Eaton Socon marks a significant milestone in AGR’s growth story.
“The assets complement AGR’s existing pipeline and further consolidate the company’s position as one of the fastest growing renewable energy developers in the country.
“AGR is planning to deliver the projects in line with its target of delivering 500MW of operational solar and 1GWh of BESS assets by end of 2026.
“AGR worked closely with Cambridge Power, the developers of the scheme, in what was a fruitful transaction for both parties.”