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Octopus Energy Investments completes refinancing of British onshore wind

Octopus Energy Investments completes refinancing of British onshore wind

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Clean energy investor Octopus Energy Investments has completed a 344 million pound ($449 million) refinancing of its British onshore wind portfolio

LONDON:

* Clean energy investor Octopus Energy Investments has completed a 344 million pound ($449 million) refinancing of its British onshore wind portfolio, it said on Wednesday.

* The portfolio includes onshore wind assets in England and Scotland, which Octopus acquired on behalf of its investors between 2015 and 2017 and have a combined capacity of 230 megawatts.

* Matt Setchell, head of Octopus Energy, said the refinancing will allow the firm to create an energy market in line with climate change goals and unlock barriers to renewables investment.

* Octopus Energy is part of the Octopus Group.

Source: reuters
Anand Gupta Editor - EQ Int'l Media Network

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