UK investment firm buys £9.7m of solar projects

A UK investment firm has bought solar projects worth £9.7 million. John Laing Environmental Assets Group (JLEN) has acquired 303 rooftop solar projects across England, Wales and Scotland with a […]

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By Jacqueline Echevarria

A UK investment firm has bought solar projects worth £9.7 million.

John Laing Environmental Assets Group (JLEN) has acquired 303 rooftop solar projects across England, Wales and Scotland with a total capacity of 2.3MW.

The firm said the portfolio benefits from the Feed-in Tariff for 25 years.

Earlier this month the company announced the purchase of a similar portfolio comprising 4.2MW of solar projects worth £18.8 million.

It follows the UK Government’s proposal to reduce support for solar and biomass projects.