News
13 August 2019

NextEnergy fund to raise £100m through L1 LP subscription

In:
Renewables
Region:
Europe

NextEnergy Solar Fund Ltd intends to raise £100 million through a subscription agreement with Universities Superannuation Scheme-owned investment vehicle L1 LP. NextEnergy will have the right to redeem these preference shares from April 2030. Proceeds will be used to repay £90 million of...

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