Market Leads & Opportunities
JLEN invests in Wilts battery storage scheme
Environmental infrastructure fund JLEN has acquired a 50 per cent equity stake in Sandridge Battery Storage, which holds the development rights to construct the Sandridge Battery Storage project in Melksham.The facility will comprise a 50MW lithium-ion battery energy storage plant.JLEN will plough up to £12.7m into the operation over the next 12 to 18 months. The investment was made alongside Foresight Solar Fund.The Sandridge Battery Storage project is expected to reach energisation and start commercial operations in October 2022.Winterflood Investment Trusts, Praxis Fund Services and SEC Newgate advised on the deal.
More Market Leads
- Committee to decide on more than 100 homes in Somerset
26 Feb 25
Plans for more than 100 homes in Somerset will go before committee today (25 February). - Funding for Argyll and Bute housing projects
26 Feb 25
The UK Government has committed to delivering a package of support from the CRP to Argyll and Bute Council totalling £20.34 million. - Lead developer sought for city centre redevelopment
26 Feb 25
Hull City Council says it has taken a step forward on its redevelopment of the former BHS building in the city centre.
- In association with::
