Global Infrastructure SherpaHargreaves Services sells second tranche of renewable energy land assets to Meadow Partners for £6.8 million
Hargreaves Services has exchanged contracts for the unconditional sale of the second tranche of its renewable energy land portfolio to Meadow Partners for a gross cash consideration of £6.8 million ($9 million). The sold asset is freehold land leased to a Battery Energy Storage System (BESS) in South Lanarkshire, Scotland, generating an annual rental income of £0.5 million ($0.67 million). This transaction represents a 6 percent uplift on the independent valuation of the asset, which was part of a larger portfolio valued at £27 million ($36.1 million) in July 2025.
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- £6.8 million sale price for BESS land in Scotland.
- 6% uplift over the asset's independent valuation.
- Asset generates £0.5 million in annual rental income.
- Second tranche sale from Hargreaves' £27 million renewable land portfolio.
Source Intelligence
The Sold Asset represents freehold land leased to a Battery Energy Storage System (BESS) in South Lanarkshire, Scotland, generating a current rental income of £0.5 million ($0.67 million) per year. The sold asset formed part of the renewable energy land asset portfolio independently valued by Jll at a minimum of, in aggregate, £27 million ($36.1 million). This transaction is for the second tranche of the renewable energy land portfolio.
"Hargreaves Services, a diversified group delivering services to the environmental, infrastructure and property sectors, has announced the exchange of contracts for the unconditional sale of the second tranche of the renewable energy land portfolio"
"to Meadow Partners, a real estate investment and asset management firm"
"independently valued by Jll"
Timeline
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