NextEnergy builds subsidy-free solar plants despite coronavirus

Renewable energy sector investment manager NextEnergy Capital (NEC) has obtained financing to build two subsidy-free UK solar plants amongst the Covid-19 coronavirus pandemic.

NextEnergy founding partner Michael Bonte-Friedheim commented: “The ability for NEC to work with its partner Santander to implement this transaction considering the extremely challenging backdrop of Covid-19 lockdown shows the strength and depth of the teams involved, coupled with the resilience of solar as an asset class in these times.

“NEC group’s mission is to generate a more sustainable future by leading the transition to clean energy and these assets underline our wherewithal to pursue and deliver on it.”