BELLTOWN ALPHA RENEWABLES COMPLETES ACQUISITION OF THIRD SOLAR PROJECT

Today, Belltown Alpha Renewables announces that it has acquired two further solar projects totalling 16MWp and commissioned its first three solar projects under 1.6 ROCs, bringing its total operating solar portfolio to 26.2MWp.

The two newly acquired projects were developed by Solarcentury, comprising a 13.4MWp project in Eynsham, Oxfordshire and a 2.6MWp project in Horam, East Sussex. Solarcentury was also appointed to build the projects and to provide ongoing operation and maintenance services.

Tom Hill-Norton, CFO at Belltown Power said “We are very pleased to have acquired two additional high quality solar projects in line with our strategy, building on our first two wind and solar transactions. We continue to be impressed by Solarcentury, both as a project developer engaging with the local community and as an EPC contractor delivering all three of our solar sites on time despite the extremely challenging weather conditions at the start of this year.”

Phillip Rose, CEO of Alpha Real Capital, said “Alpha is delighted that the joint venture continues to make such positive progress towards providing our investors with the long-term real returns to be earned from renewable energy assets.”

Frans van den Heuvel, CEO at Solarcentury commented, “We are delighted that Belltown Alpha Renewables has acquired these two solar parks developed by Solarcentury and that we have constructed and connected them both under the 1.6 ROCs despite the challenging conditions over the winter. It has been a pleasure working with Belltown Alpha Renewables and we look forward to collaborating with them again in the near future.”