Capital Dynamics has acquired a 63MWp solar photovoltaic project in Hampshire, UK from BayWa re.
The company said the project will begin construction in 2027 and is expected to reach commercial operation in 2028.
BayWa r.e. added the project, known as Fleet Solar Farm, has secured an AR7 Contracts for Difference offtake agreement.
The acquisition expands Capital Dynamics’ solar PV portfolio in the UK as it invests in energy infrastructure supporting energy security and climate targets.
“The UK remains one of our core markets for investment, underpinned by strong fundamentals,” said Barney Coles, senior managing director and co-head of clean energy at Capital Dynamics.
“We continue to see sustained momentum for the wider energy transition at a time when more investment is needed to meet the UK’s dual energy security and climate goals.”
“We are pleased to conclude our third UK solar project sale with Capital Dynamics,” said Sarah Drummond, director of commercial, risk & project delivery at BayWa r.e. UK & Ireland.
“We are delighted to have secured a CfD contract in AR7, which further enhances the project’s long-term value.”