The Battery Magazine Logo

Subscribe to The Battery Magazine's Current Newsletter & never miss an update!

    Close Menu
    The Battery MagazineThe Battery Magazine
    • Home
    • Batteries
      • EV & Automotive
      • Portable Power
      • Stationary & Industrial
    • Articles
    • Charging
    • Manufacturing
    • Renewable
    • Hydrogen
    • Tenders
      • Energy Storage Tender
      • Renewable Tender
    • Events
    • E-Mag
    Facebook LinkedIn WhatsApp
    The Battery MagazineThe Battery Magazine
    • Home
    • Batteries
      • EV & Automotive
      • Portable Power
      • Stationary & Industrial
    • Articles
    • Charging
    • Manufacturing
    • Renewable
    • Hydrogen
    • Tenders
      • Energy Storage Tender
      • Renewable Tender
    • Events
    • E-Mag
    LinkedIn Facebook WhatsApp
    The Battery MagazineThe Battery Magazine
    Home » Elgin Acquires 318 MW UK Solar and Storage Portfolio from Foresight Group

    Elgin Acquires 318 MW UK Solar and Storage Portfolio from Foresight Group

    Shweta KumariBy Shweta KumariApril 2, 2025 Battery 2 Mins Read
    Facebook Twitter LinkedIn WhatsApp
    BC Jindal Group to Invest ₹150 Billion in Green Energy

    Elgin, a leading solar and energy storage company, has announced the successful acquisition of a substantial portfolio of solar and battery storage projects in the UK, marking a significant milestone in its ambitious expansion plans.

    The company has acquired a 318-megawatt (MW) portfolio spanning six sites across the UK from a fund managed by Foresight Group. As a co-shareholder in the early development phase, Foresight played a key role in advancing the projects to their current stage. These six sites will now be integrated into Elgin’s UK build-out programme, with construction on several projects set to begin in the first half of 2025.

    Notably, four of the projects—amounting to 164 MW—secured contracts in the UK’s latest Contracts for Difference (CfD) Allocation Round 6 (AR6), providing long-term price stability and reinforcing their alignment with national renewable energy goals.

    This acquisition follows Elgin March 2024 investment from Copenhagen Infrastructure Partners (CIP) and marks the company’s first major transaction since forming this strategic partnership. It also signifies Elgin’s evolution into an independent power producer (IPP), enhancing its presence in the UK market and beyond.

    Ronan Kilduff, CEO of Elgin, stated that the acquisition of this portfolio represents a significant milestone for the company as it strengthens its position as an independent power producer. He emphasized that these projects reflect Elgin’s commitment to providing high-quality renewable energy solutions that support the UK’s net-zero targets. Kilduff also expressed anticipation for the successful development of these projects and the company’s contribution to the country’s energy transition.

    Anouska Morjaria, Associate Investment Director at Foresight, highlighted the successful sale of the solar and storage portfolio to Elgin, following their co-development since 2020. She emphasized that the transaction reflects Foresight’s commitment to sustainable energy solutions and expressed confidence in the projects’ contribution to the UK’s energy transition. Morjaria also reaffirmed Foresight’s ongoing support for renewable energy development across the UK, Europe, and Australia.

    battery storage CIP Investment Elgin energy storage net zero renewable energy solar energy sustainable energy UK Solar
    Shweta Kumari

    More article from Shweta Kumari

    Keep Reading

    Gentari Breaks Ground on 243 MW Solar-Storage Project in New South Wales

    VinEnergo Partners with VinFast to launch 43 MW rooftop solar and battery storage in Ha Tinh

    NISE, NSEFI & AIC IIT Delhi Launch Program to Boost Renewable Energy Start-up Innovation in India

    Comments are closed.

    MANUFACTURING & MATERIALS

    eJoule Supplies Wyon Swiss Batteries High Performance Single Crystal Cathode Active Material

    August 7, 2025

    LG Energy Solution Reports Robust Q2 2025 Performance

    July 25, 2025

    Lucid Launches MINAC Partnership to Boost U.S. EV Mineral Supply Chain

    July 24, 2025

    Himadri Eyes Larger Sicona Stake to Boost EV Battery Tech

    July 23, 2025
    Batteries

    Gentari Breaks Ground on 243 MW Solar-Storage Project in New South Wales

    August 18, 2025

    VinEnergo Partners with VinFast to launch 43 MW rooftop solar and battery storage in Ha Tinh

    August 18, 2025

    ACME Solar Secures ₹3,184 Cr REC Loan for 280 MW Hybrid Renewable Project with NHPC

    August 18, 2025

    Chungnam Researchers Boost Zinc-Ion Battery Stability with New Coating

    August 14, 2025

    Subscribe for Updates

    Get the latest news about energy storage in your inbox.

      © 2025 Thebatterymagazine.
      • Home
      • About Us
      • Contact Us
      • Privacy Policy
      • Terms of Service

      Type above and press Enter to search. Press Esc to cancel.