Q Energy has announced the completion of the sale of a 33MW solar farm near Darlington in north east England to AlphaReal.
Whinfield Solar is currently under construction.
The project will be equipped with close to 60,000 ground-mounted PV modules and, when operational, it is expected to produce reliable emission-free electricity to sufficiently satisfy the average power demand of more than 8700 UK households.
This will result in a reduction of approximately 8000 tonnes of carbon emissions per year, Q Energy said.
Head of investment for Central Europe at Q Energy Martin Kantel said: “Whinfield Solar is another puzzle piece in Britain’s energy transition.
“We are proud to be contributing with our high-quality projects.
“We anticipate a continued strong demand for renewable energy projects across Europe and Q Energy’s cutting-edge construction solutions.
“We are currently developing a pipeline of over 15GW of green energy projects across Europe, which we will realise and connect to the grid in the coming months and years.”
Investment director for renewable infrastructure at AlphaReal Raza Ali said: “We are pleased to have acquired this greenfield solar asset currently under construction.
“This acquisition aligns with AlphaReal’s increasing focus to invest in greenfield assets that provide additionality to the UK renewable energy sector.
“AlphaReal follows a diversified investment approach where it primarily invests in onshore wind and ground-mount solar assets, both established renewable technologies that have been deployed at scale.”