NextEnergy Capital Boosts Solar Fundraising with £733m Close

NextEnergy Capital has announced the successful final close of its NextPower UK ESG fund, marking a significant achievement in the fund's efforts to finance new solar projects in the UK. The fund raised a total of £733 million, exceeding its initial target of £500 million by nearly 50%. This fundraising milestone underscores the increased investor confidence in renewable energy projects, particularly within the solar sector. Given the growing emphasis on sustainable energy solutions, this fund aims to spearhead the expansion of solar infrastructure across the UK, contributing to the country's clean energy transition. The outcome highlights the robust demand for investment in environmentally and socially responsible projects, as well as NextEnergy's strategic prowess in capitalizing on this trend.