BayWa has sold the 30MWp Bracks solar farm in Cambridgeshire to the UK Railway Pension Scheme, managed by Railpen.
The project had previously won a contract for difference in Allocation Round 4.
The move follows the sale of the Scurf Dyke near Hull, a co-located solar project where a utility scale battery will be linked to an 80MWp solar farm to a fund managed by investment advisor and asset manager re:cap global investors.
Both projects are currently under construction by BayWa and are expected to be commissioned in 2023.
BayWa has entered into 20-year-agreements to provide long term O&M as well as commercial asset management services for both solar projects.
These projects add to a growing UK portfolio, where BayWa currently manages and operates over 2GW of renewable energy assets.
Benedikt Ortmann, Global Director of Solar Projects at BayWa, said: “Identifying, developing and selling high quality renewable energy projects is the driving force behind BayWa’s fast global growth.
“The sale of these two projects in short succession is testament to not only the UK team’s ambitions, but BayWa’s expertise as a whole. It highlights our capabilities across the development of renewable energy and storage projects, which are now highly demanded investment objects on the market.”