NextEnergy Solar Fund (NESF) has announced the acquisition of a 100MW solar portfolio in the UK for approximately $89.4m (£64.3m). The Camden solar photovoltaic portfolio consists of two projects. These are The Grange, a 50MW-peak project spread across 214 acres in Yorkshire, and South Lowfield, which has a 50MW-peak capacity across a 200-acre site in Nottinghamshire.

Energy generated by the solar portfolio will power 29000 households. The portfolio provides energy for a power purchase agreement (PPA) with the world’s largest brewer, AB InBev. The PPA covers 75% of the electricity generated over the deal’s 15-year lifespan.