The Sale of Shotwick Solar Park
On the 3rd February 2017 Compton Group were part of a deal to sell Shotwick Solar Park, the largest solar park in the United Kingdom.
The key highlights of the deal are as follows:
- Foresight enters ground-breaking deal to sell green power produced by the UK’s largest Solar Park direct to energy intensive corporate
- Acquisition of 72MW (peak) 50MW (export) Shotwick Solar Park in Deeside by Foresight Solar Fund Limited
- Shotwick was constructed by developers WELink, British Solar Renewables and Compton Group
- Direct power supply contract with UPM’s Shotton Paper Mill, for up to 100% green energy operation in daylight hours, cutting energy costs and saving 22,500 tonnes of CO2 emissions every year
For more information about the sale please refer to the Foresight Group press release.