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

Fitch Solutions Sector Intelligence  


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    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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