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Magnora Plans To Invest In Solar And BESS Projects In The UK

August 10, 2022 - Fitch Solutions Sector Intelligence

THIS COMMENTARY IS PUBLISHED BY FITCH SOLUTIONS COUNTRY RISK & INDUSTRY RESEARCH and is NOT a comment on Fitch Ratings' Credit Ratings. Any comments or data are solely derived from Fitch Solutions Country Risk & Industry Research and independent sources. Fitch Ratings analysts do not share data or information with Fitch Solutions Country Risk & Industry Research. Magnora Plans To Invest In Solar And BESS Projects In The UK 10 Aug 2022 United Kingdom Infrastructure News: Norway-based Magnora has agreed to invest in the development of a 60MW solar photovoltaic (PV) project and a 40MWh battery energy storage system (BESS) project in the UK. Magnora will partner with a local developer to develop the projects to a ready-to-build stage. The partners intend to optimise the projects from an environmental and technical perspective, secure planning consents, cost-efficient grid connections and prepare the sales process within a year (reNews Biz). This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). FSG is solely responsible for the content of this report, without any input from Fitch Ratings.

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Magnora Plans To Invest In Solar And BESS Projects In The UK