RWE: acquires JBM Solar in UK

(CercleFinance.com) - RWE has announced the acquisition of JBM Solar, one of the largest independent solar and battery developers in the UK, with a team of around 30 professionals.


The acquisition will significantly accelerate RWE's solar energy development in the UK and place the company in the top three developers in the country, it says.

With the acquisition of JBM Solar, RWE takes over a pipeline with a combined capacity of approximately 6.1 gigawatts (GWac), divided into 3.8 GWac of solar projects and 2.3 GWac of battery storage projects.

Most of the projects are located in the central and southern regions of England - a large proportion are already connected to the grid.


Copyright (c) 2023 CercleFinance.com. All rights reserved.