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Insider UK
Insider UK
Business
Peter A Walker

Abrdn invests £31 million in community-owned solar assets

Abrdn CORE

Abrdn has invested £31m on behalf of its strategic partner Phoenix Group in the refinancing of CORE Portfolio Investments, a 36MW portfolio of ground-mounted solar assets located in South and West England and Wales.

The financing was arranged by Finance Earth, a UK environmental impact investment advisor and lead advisor to CORE.

CORE is a £50m social investment partnership structured by Finance Earth, with investment from Big Society Capital and charitable trust Power to Change.

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