The first half of 2025 has delivered a strong showing for Great Britain’s renewables and flexibility markets.
Aurora Energy Research said it advised on £3.7 billion of debt financings across solar, offshore wind, battery energy storage (BESS) and colocation projects.
The energy analytics provider said investor appetite remains resilient despite regulatory headwinds around zonal pricing, grid reforms and CfD auction uncertainties.
Multiple new equity and debt deals are expected to launch over summer.
Aurora advised on the take-private of Harmony Energy Income Trust by Foresight Group LLP—the largest operational BESS transaction in Europe to date.
The 94% premium bid highlights continued confidence in UK storage, with the deal completing at Net Asset Value.
In solar, Aurora supported Quinbrook Infrastructure Partners on the financing of Cleve Hill Solar Park—the UK’s largest solar and storage project.
Backed by £238.5m in loans from Lloyds Bank and NatWest, the project marks the first Nationally Significant Infrastructure Project (NSIP) of its kind.
In offshore wind, the Inchcape project reached financial close in January, securing £3.5 billion from 22 commercial lenders.
Outside core renewables, Aurora advised on Helios’ sale of BioCapital, the UK’s leading anaerobic digestion platform.
It also released five key trends shaping current financing activity:
- BESS risk strategy: Growing emphasis on tolling agreements, optimiser performance, and battery sizing for margin stability.
- Locational reform focus: Investors assessing TNUoS reforms (CMP 444/432) and potential REMA market redesign impacts.
- Grid connection scrutiny: Demand for guidance on non-firm access, curtailment risk, and optimal connection sizing.
- REMA shift: National pricing retained post-July 10, but stakeholders await new policy tools to enhance system flexibility.
- AR7 momentum: CfD auction interest remains high, particularly for hybrid and repowered assets amid changing eligibility rules.
Investors stay bullish as green deals hit £3.7bn appeared first on Energy Live News.