A fast-growing energy supplier has acquired a 20MW solar farm in South Wales, for an undisclosed sum.
Fuse Energy has snapped up the fully-consented Cwm Ifor Solar Farm near Caerphilly from Caerphilly County Borough Council.
The project will have the potential to generate enough clean energy to power approximately 6,000 homes annually.
It is expected to connect to the grid in December 2026.
Savills Earth Capital Advisory advised the council on the sale.
Cllr Amanda McConnell, Caerphilly Council’s cabinet member for Climate Change, said: “This agreement is an important step in tackling the climate emergency and increasing renewable energy in Caerphilly.
“The Cwm Ifor Solar Farm could power around 6,000 homes with clean electricity, while supporting a more flexible and resilient energy system. We’re pleased to be working with Fuse Energy to bring this project forward and deliver lasting environmental and economic benefits for our communities.”
Henry Grant, director, Savills Earth Capital Advisory, said: “We’re pleased to have supported the Local Authority with this transaction. Investor appetite for solar remains strong as these projects continue to play a critical role in accelerating the UK’s transition to a low carbon energy system.”
