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Foresight partners with Elgin to develop a 200 MW solar portfolio in UK

Investment manager Foresight Group has created a joint venture with the solar developer Elgin Energy to develop 6 subsidy-free solar projects in England, Wales, and Scotland (United Kingdom) with a total capacity of 200 MW. Elgin Energy has a portfolio of 62 projects in the United Kingdom in late-stage development, totalling over 2 GW, while Foresight currently manages more than 250 renewable generation assets globally (including over 150 solar projects), with a total generating capacity of 2.5 GW (of which over 1.4 GW is solar).

Solar power accounts for 13% of UK’s installed capacity, with 13.6 GW (2019).

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