The power group based by Dale Vince, the eco-tycoon, is kicking off a hunt for buyers in a photo voltaic park which is predicted to turn out to be certainly one of Britain’s greatest renewable power initiatives.
The event was accredited by Ed Miliband, the power secretary, earlier this 12 months, and when accomplished it’s anticipated to generate roughly 600MW of solar energy.
It has been designated a Nationally Important Infrastructure Challenge by the federal government.
Heckington Fen may also present 400MW of battery storage capability.
In response to paperwork circulated to potential bidders, Ecotricity is prioritising the sale of 100% of the undertaking, however is open to retaining a minority stake.
The corporate needs to finish a deal in the course of the third quarter of the 12 months.
“The undertaking is shovel-ready with a grid connection in 2028 – one thing which is more and more exhausting to seek out as of late.
“Whilst this is a great project which is going to go ahead, the sums of money required to build this alone in a short timeframe, means we’re looking for investors or partners to help make this happen.”
