Acquisitions of a 99MW and a 249MW energy storage parks
£74,000,000 & £210,000,000
"Battery energy storage capacity is essential for the transition to a clean energy future. Sheaf Energy Park represents critical infrastructure that supports the growth of renewable energy in the UK whilst benefitting from a long-term capacity agreement that provides our clients with stable cash flows. The acquisition marks another important addition to our growing global portfolio of greenfield energy transition infrastructure projects."
Alexa Capital acted as exclusive financial advisor to Sosteneo Infrastructure Partners on their acquisitions from Pacific Green of battery energy storage assets in Southeast, England, comprising the operational 99MWh Richborough Energy Park and in-construction 374MWh Sheaf Energy Park which will begin commercial operations in July 2025.
Sosteneo is a specialist manager of greenfield infrastructure projects related to the energy transition and part of the Generali ecosystem of asset management firms.
Pacific Green offers Battery Energy Storage Systems and Concentrated Solar Power (CSP) to complement its marine environmental technologies and emissions control divisions. Pacific Green has offices in the USA, Canada, United Kingdom, Australia, Saudi Arabia and China.
Alexa Capital’s role
Managing & executing the transaction process through focused stakeholder engagement, coupled with strong sector and corporate finance expertise to add strategic value.
Supported on all elements of transaction execution, including detailed project modelling & refinement with advisor inputs, engagement and management of all areas of due diligence, deal structuring and negotiation.
Alexa Capital’s successful completion of this acquisition process highlights expertise in navigating complex energy markets and challenging economic and capital markets, particularly in the distributed energy asset class, plus corporate finance expertise and rigorous process management and execution capabilities.