Global Infrastructure SherpaBayWa r.e. signs 12-site O&M deal with Cubico Sustainable Investments and GLIL Infrastructure for 149 MW solar portfolio
149 MW
Capacity
BayWa r.e. has entered into an operations and maintenance agreement with Cubico Sustainable Investments and GLIL Infrastructure, covering 12 ground-mounted solar farms across England and Scotland. This partnership encompasses a 149 MW portfolio, marking the first collaboration of its kind between BayWa r.e. and Cubico in the UK. The deal is expected to enhance the UK's energy transition and reinforce Cubico's position as a leading renewable energy provider.
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Counterparts (3)
Partner
Cubico Sustainable Investments
Cubico Sustainable Investments is a global investor in renewable energy, water, and other sustainable infrastructure assets. They focus on long-term investments in projects that contribute to a cleaner and more sustainable future.
G
GLIL Infrastructure
BayWa r.e.
BayWa r.e. is a leading global renewable energy developer, service provider, distributor and energy solutions provider. They are active in solar, wind, and energy storage, developing, constructing, and operating renewable energy projects.
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Global renewable energy service provider BayWa r.e. will now manage operations and maintenance for 12 solar farms across England and Scotland. This 149 MW portfolio is owned by sustainable infrastructure investor Cubico Sustainable Investments and GLIL Infrastructure. Notably, this marks the first UK partnership between BayWa r.e. and Cubico, a global player focused on long-term renewable assets. The agreement deepens BayWa r.e.'s service presence in the region, ensuring operational efficiency for a substantial portion of the UK's solar capacity.
- 12 ground-mounted solar farms in scope
- 149 MW solar portfolio capacity
- First UK collaboration between BayWa r.e. and Cubico
- Assets located across England and Scotland
Timeline
Announced
Sep 5, 2024
Signed
Closed
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