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Birmingham Post
Birmingham Post
Business
Andrew Arthur

Good Energy announces sale of renewable generation assets in £24.5m deal

Green energy firm Good Energy has announced the sale of its wind and solar generation assets to investment firm Bluefield Solar Income Fund (BSINF) in a deal worth up to £24.5m.

The Chippenham-based supplier’s disposal of its 47.5MW renewable portfolio is part of a strategic shift towards energy and mobility services, driven by further investment in its electric vehicle (EV) mapping platform Zap Map.

The company said the sale of its six solar farms and two wind farms - including the country’s first commercial wind farm at Delabole in Cornwall - included an initial consideration of £16.4m, rising up to £24.5m with deferred add-ons.

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