All the projects are expected to come online between next year and 2026. Credit: Chelsea / Unsplash.

Investment firm DIF Capital Partners and German construction company ib vogt have agreed to acquire a 100% stake in a 720MW solar and battery project portfolio in the UK.

The portfolio will be acquired from Enso Green Holdings (EGHL), a UK-based joint venture of Cero Generation and Enso Energy.

Go deeper with GlobalData

Premium Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

It includes seven project sites, with solar power accounting for 380MW of its capacity and the remaining 340MW being battery storage.

DIF Capital Partners Infrastructure head and partner Gijs Voskuyl said: “This transaction perfectly fits in DIF’s build to core strategy and will make a significant contribution to the UK’s efforts to achieve net-zero by 2050.

“It represents DIF’s first direct investment into the asset class of utility-scale energy storage, which is an essential component of future electricity markets.

See Also:

“DIF is continuing to work closely with Enso Energy and Cero Generation to bring the remaining assets in the portfolio to ready-to-build stage and is excited to make this investment in a partnership with ib vogt.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

ib vogt will provide solar engineering, procurement and construction (EPC) capabilities and operations and maintenance (O&M) services for the portfolio.

The projects have been developed by EGHL and are understood to be in the ready-to-build stage.

All are expected to be acquired by later this year and due to come online between next year and 2026.

Enso managing director Andrew King said: “The sale of these ready-to-build assets is the culmination of a lot of hard work by the Enso and Cero teams, and we look forward to seeing the DIF/ib vogt team take them forward to construction and operation.

“This transaction provides further evidence that co-located solar and battery storage projects connecting directly to the transmission network are attractive to funders and investors and will play an important role in the delivery of the UK’s net-zero plans.”