BayWa r.e.’s renewables division has sold its Clump and Yanel solar farms in the UK to Capital Dynamics, the company said on Thursday. The two projects have a combined capacity of more than 121MWp and hold full planning consent.
Clump Farm in Leicestershire is expected to deliver around 77MWp, while the Yanel Solar Farm in North Somerset will add 44MWp to the UK’s renewable energy supply. Both sites were developed through a joint venture with Grune Energien Solar and include measures aimed at improving local biodiversity.
BayWa r.e. said the sale reinforces its position as a trusted renewables developer across Europe.
John Milligan, managing director of BayWa r.e. in the UK, said: “These projects showcase the powerful results our teams can achieve together.” He added: “We are proud of the quality and long-term impact of these solar farms and pleased to see them transition to the hands of a strong partner like Capital Dynamics.”
Dr Daniel Gaefke, COO of BayWa r.e., said recent project divestments reflect the company’s long-term strategy. “This transaction builds on a series of successful project sales in recent months, underscoring the strength of our development strategy,” he stated. “The portfolio reflects the scale and excellence we aim to provide – both in the UK and internationally – and highlights our ability to create strategic assets for our trusted partners.”
