Opus advised Eelpower in connection with its partnership with Next Energy Solar Fund (NESF: LON), the specialist solar power renewable energy investment company listed on the London Stock Exchange.
The partnership comprises a £100m joint venture including an initial acquisition of a 50MW, standalone, ready to build battery energy storage project in Scotland.
The joint venture is owned 70% by NESF, 30% by Eelpower, and builds on Eelpower’s successful partnership with SUSI Infrastructure Partners that was announced in January 2021.