Rubicon Capital Advisors (“Rubicon”), one of the world’s leading investment banking firms focusing on the broader infrastructure, energy and digital sectors, has announced its role as Special Financial Advisor for the sale of Elgin Energy Holdings (“Elgin”). 100% Portfolio of 519 MW Solar PV Projects and 70 MW Co-Located Energy Storage Capacity (“Portfolio”) by Scottish Power Renewables (UK) Limited (“Scottish Power”), a wholly owned subsidiary of Iro Global Global.

Sales of the portfolio, which includes 12 pre-construction stage projects located in England, Wales and Scotland with a capacity of 519 MW, mark the UK’s largest solar PV deal. The portfolio also includes a 70 MW battery solution in the advanced stages of development.

“We are delighted to have achieved this milestone and to partner with Iberdrola / Scottish Power Renewables in this portfolio. We will continue to develop and distribute our flagship range of 5GW projects in the UK, Ireland and Australia.” Ronan Kildaf, Chief Executive Officer, Elgin Energy, commented.

This portfolio will play a key role in contributing to the UK’s Zero Emission Strategy of 2050, not only by generating low – cost carbon emissions, but also by generating significant local economic growth and delivering zero carbon power to more than 143,000 households. UK.

“We have a proven track record of working with global developers and large portfolios of renewable energy around the world. The deal marks a new frontier in the UK and internationally, and is a prime example of Rubicon’s commitment to being at the forefront of ESG initiatives, especially when dealing with global climate change issues. Barry Offlin, general manager of Rubicon, commented.

Sobre A Rubicon Capital Advisors

Rubicon is one of the world’s leading investment banking institutions with a unique focus on infrastructure, energy, digital and utility. With offices in Europe, the US and Asia, the company can truly reach global reach. Since its inception in 2011, Rubicon has completed the sale, acquisition or refinancing of more than 100 critical infrastructure, energy, digital and utility assets located in Europe, North America, Latin America and Asia. 85 billion. The company is governed by the Central Bank of Ireland, is a member of its US affiliate FINRA and SIPC, and is registered as a broker with the SEC. Learn more about the company: www.rubiconcapitaladvisors.com And follows Rubicon Capital Advisors LinkedIn.

Sobre A Elgin Energy

Elgin Energy is a full-service, public-level solar energy + storage developer who brings projects to development from scratch. The company has a portfolio of late-stage projects of over 5 GW in three major markets in the UK, Australia and Ireland.

In 2021, Elgin Energy received funding from the Berenberg Green Energy Fund for the development of a total of 1.36 GW of solar PV projects in the UK and Ireland, and raised £ 25m through Focus Capital Partners for its key marketing strategies. In 2020, the company entered into separate deals with two portfolios of the Forsyth Group and Metca-EGN to distribute a total of 276 MW of solar development projects in the UK, winning two solar projects at Ireland’s first solar auction. RESS-1 – Renewable Energy Support Scheme (RESS). In addition to the above, Elgin Energy delivered a total of 21 solar power projects of 230 MW in 2017 before the completion of the UK Government’s Renewables Obligation (ROC) scheme.

Elgin Energy works with long-term strategic partnerships to deliver power projects and provide asset management services throughout their working lives. The company has grown internationally over the past 12 years with a professional team of engineers, accountants and lawyers based in offices in London, Dublin and Sydney. Elgin has a 98% success rate when planning in all its markets.

www.elgin-energy.com & Elgin Energy: Review | LinkedIn

The original language text of this declaration is the officially approved version. Translations are provided for convenience only and should refer to the text in the original language, which is the only version of the text with legal effect.

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Contact:

For more media inquiries, please contact:

Nicola Fitzpatrick

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E: nicola.fitzpatrick@rubiconcapitaladvisors.com

Source: Business wire