BayWa r.e. has sold its 24.2 MW Aston Clinton solar park to CEE for an undisclosed sum. The sale represents the third such transaction between the two parties.
Completed this spring, the park is located in Aylesbury, near London, and has been grid connected under the countrys ROC scheme. A long-term, PPA has also been secured, under which McDonald’s Restaurant Ltd has agreed to buy the generated energy for a period of 20 years.
"The companys 1250 UK restaurants obtain around 4% of their annual electricity demand from this solar park. This equates to a total of 45 restaurants that are being supplied exclusively with clean power," said BayWa in a statement released.
In September, BayWa sold its 15 MW Pingewood Solar Farm to Swiss-based Susi Partners, again for an undisclosed amount. It also signed a PPA with McDonalds. At the time, BayWa said it was looking to offload four solar projects this year totaling 85 MW. The company says it will bring around 130 MW of solar projects online in the U.K. in the coming months.
The U.K. announced scaled back support for the solar industry last week. Going forward, it has been said the ground-mount sector will be "unviable." As such, plans are underway to build parks without subsidies in 2016. A boom in Q1 is further expected ahead of the changes.
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