British solar developer JBM Solar, now part of German energy group RWE AG (ETR:RWE), has proposed a 320-MW solar farm and battery storage project in East Riding of Yorkshire in northeastern England. Sales & Advertising. Customer care +359 2 80 12 630. Features. News archive. Newsletters and alerts. Insights. Events. News RSS. Sitemap
UK law firm TLT has advised leading solar developer JBM Solar on the sale of a 102 MWp solar portfolio, with 65MWac of co-located battery storage, to Vantage RE. Vantage RE currently owns, operates and manages a significant solar portfolio in the UK and the acquisition marks Vantage RE''s first step into project development in the UK.
German power generation company RWE has acquired JBM Solar, an independent solar and battery storage developer based in the UK. The company bought JBM Solar from renewables investor Susgen for an
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RWE AG is one of the leading European energy groups. Net sales break down by activity as follows: - electricity and gas trading and distribution (80.5%): electricity (159,679 GWh sold in 2023) and gas (42,391 GWh); - renewable energy production (16.7%): wind, solar, hydroelectric and biomass energy production (129,701 GWh produced in 2023); - fossil and
RWE AG is one of the leading European energy groups. Net sales break down by activity as follows: - electricity and gas trading and distribution (80.5%): electricity (159,679 GWh sold in 2023) and gas (42,391 GWh); - renewable energy production (16.7%): wind, solar, hydroelectric and biomass energy production (129,701 GWh produced in 2023); - fossil and
David Cramer, co-founder of JBM Solar added, "The sale marks the start of a new phase for this team, but also closes the door on a very successful chapter in our history. Partnering successfully with Susgen over the
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Why Solar? Solar and co-located battery storage are an important part of the UK''s future energy mix, and a key component in the decarbonisation of our energy system. The new UK Government has committed to achieving clean power by 2030. To support this, the Government is aiming to triple solar capacity by the end of the decade.
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The company is one of the leading firms in deploying mono-crystalline PV Technology at utility scale and for rooftop solar projects. JBM Solar Power has deployed over 20 solar power projects across India. Financial highlights – The company posted revenue from operations of ₹3,858 crore in FY23 as against its value of ₹3,193 crore in FY22.
David Cramer, co-founder of JBM Solar added, "The sale marks the start of a new phase for this team, but also closes the door on a very successful chapter in our history. Partnering successfully with Susgen over the last five years and leaning on them for financial and strategic support has enabled JBM Solar to build an outstanding team and
RWE has acquired JBM Solar with a pipeline of a combined capacity of around 6.1GW.JBM Solar develops solar and battery storage systems in the UK. The latest combined development pipeline is likely to be one of the largests in the country.With the acquisition, RWE has taken over 3.8GW of solar and 2.3GW of battery storage projects. On average, about
TLT completes sale of UK''s largest co-location solar and battery portfolio Read more. 03.03.2023. TLT advises JBM Solar on the sale of 102MWp solar portfolio Read more. 18.01.2023. TLT wins UK Law Firm of the Year at British Legal Awards 2022 Read more. 25.11.2022. TLT advises TagEnergy on milestone partnership with Balance Power Read more
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German power major RWE AG (ETR:RWE) has acquired JBM Solar, a UK-based project developer with a pipeline of 3.8 GWac of solar and 2.3 GWac of battery storage projects, in a push to further strengthen its position on
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UK solar developer JBM Solar said today it has sold two subsidy-free solar and co-located battery storage projects totalling 99.8 MW in the UK to German renewables company BayWa re AG. Sales & Advertising. Customer care +359 2 80 12 630. Features. News archive. Newsletters and alerts. Insights. Events. News RSS. Sitemap. Research by SeeNext
TLT has advised JBM and Susgen on the sale of JBM Solar, one of the UK''s largest independent solar and co-located battery developers, and its 6.1GW solar and battery portfolio to RWE. RWE is the UK''s largest power generator and one of the largest renewables developers in the country. The acquisition will significantly expand RWE''s solar
The successful sale of JBM Solar enables Susgen to focus on identifying new partners to accelerate the transition to Net Zero, whilst also enabling the development of a 4GW pipeline under its standalone battery
London, 21st December, 2022 – JLL acted as exclusive sell-side M&A advisor to JBM Solar, a leading UK solar PV developer, on its successful disposal of a 102MWp portfolio of ready to build solar PV assets co-located with 65MW of
With the acquisition of JBM Solar, RWE takes over a mature pipeline with a combined capacity of around 6.1 GWac, split into 3.8 GWac of solar and 2.3 GWac of battery storage projects. Most of the projects are in the central and southern regions of England and a large proportion already have grid connections and land secured.
The company is one of the leading firms in deploying mono-crystalline PV Technology at utility scale and for rooftop solar projects. JBM Solar Power has deployed over 20 solar power projects across India. Financial highlights – The
JBM Solar | 3,393 followers on LinkedIn. JBM Solar is a part of RWE, the UK''s leading power generator. | Update 01/12/2023 Going forward JBM Solar will become part of #TeamRWE and its UK solar and co-located storage division. You will no longer see our brand, but our expertise, knowledge and the relationships we have already forged will remain central to all of our
The projects are the first to be constructed from the solar portfolio secured by RWE through its acquisition of JBM Solar, one of the UK''s largest independent solar and co-located battery developers. The acquisition of around 3.8
Vantage RE has entered the project development space in the UK, with the acquisition of two solar schemes, both co-located with battery energy storage systems (BESS), from JBM Solar. The projects, the 34.8MWp Eastfields project in Warwickshire and the 66.5MWp Bunker''s Hill project in Hampshire, have a combined solar capacity of 102MWp, and
BNP Paribas acted as exclusive financial adviser to JBM solar. Linklaters, TLT and KPMG also advised on the sale process. Susgen, a market leading funder and partner to renewable energy development companies, announces the sale of its UK-based solar and battery storage development company JBM Solar to RWE, the UK’s largest power generator.
RWE, the UK's largest power generator and one of the largest renewables developers, has significantly expanded its solar and battery capabilities by acquiring JBM Solar, a large independent developer of solar and battery storage systems.
JBM Solar has built a team of 30 professionals with an extensive track record in the solar sector, and expertise across the entire development process, from land acquisition to construction readiness. “ We are delighted for the JBM team, and we wish them every success in the next chapter of their exciting story with RWE.
JBM Solar was acquired from London-based renewables investor Susgen. The acquisition underpins RWE's ambition to rigorously drive the expansion of its renewables business in the United Kingdom, one of RWE's core markets.
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