Enray Power secures GBP 43 million financing from Cooperative Rabobank UA for 71 MW Carlton Solar Farm in North Yorkshire
Type: Financing · Technology: Solar · Country: United Kingdom · Capacity: 71 MW · Value: $57.4M · Announced: 2026-06-12
Enray Power secured GBP 43 million (USD 57.4 million) in financing from Cooperative Rabobank UA to develop the 71 MW Carlton Solar Farm in North Yorkshire, England. The project, located in North Yorkshire, is expected to become operational by late 2027, contributing to the UK's renewable energy capacity. This financing marks the beginning of a strategic partnership between Enray Power and Cooperative Rabobank UA, supporting Enray's expansion in the UK's renewable energy sector. The solar farm will utilize ground-mounted photovoltaic technology across approximately 200 acres of land, with power generation expected to serve over 18,000 households annually. The transaction underscores the growing role of institutional lenders in financing large-scale solar projects in the UK, aligning with national decarbonization targets.
Counterparties
- Cooperative Rabobank UA (Lender)
- Enray Power (Developer)
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