EDF Power Solutions has acquired the 500MW Gate Burton Energy Park solar and storage project in Lincolnshire from Low Carbon.
The deal marks a major milestone for one of the first large-scale Nationally Significant Infrastructure Projects (NSIPs) to receive consent following the 2024 general election.
Gate Burton was granted a Development Consent Order in July 2024 and will deliver clean electricity to power around 160,000 homes annually.
The project includes co-located battery storage to provide grid flexibility and reduce fossil fuel reliance during intermittent renewable generation.
“This milestone marks the next step forward for Gate Burton,” said Low Carbon chief executive Roy Bedlow.
He added: “This agreement underscores our track record of delivering high-quality renewable assets and our growth as a leading independent power producer.”
EDF said the project supports its ambition to scale solar and storage to meet the UK’s future energy needs.
“We’re excited to bring this project into our growing portfolio,” said Matthew Boulton, director of solar, storage and private wire at EDF power solutions UK.
Low Carbon said the sale would support its development pipeline, which includes over 1GW of operational and under-construction assets.
It expects to begin construction on more than 400MW of additional UK solar and battery projects over the next 18 months.