True Green Capital Buys UK Solar Assets

True Green Capital Management LLC has expanded its operational solar portfolio with the acquisition of 20.3 megawatts (MW) of generating capacity in the United Kingdom. The transaction, finalized on June 22, 2026, involved the purchase of six solar facilities that have been operational since 2011.

The acquired assets, previously owned by Gresham House Renewable Energy VCT 1 PLC and Gresham House Renewable Energy VCT 2 PLC, benefit from long-term revenue certainty. Each project is secured by a 25-year Feed-in Tariff contract extending through 2036, complemented by short-term power purchase agreements with established UK energy retailers and Renewable Energy Guarantees of Origin certifications.

This strategic move underscores True Green Capital Management's ongoing commitment to the UK renewable energy sector, particularly within the sub-utility scale solar power segment. The firm, which manages private funds focused on renewable energy infrastructure, views this acquisition as a testament to its confidence in the market's potential for mature, operating assets. The U.S. and European distributed power generation market is estimated to be worth approximately $1.5 trillion, driven by increasing power demand from data centers and electrification trends.

Panos Ninios, co-Founder and co-Managing Partner at True Green Capital Management, highlighted the firm's specialized knowledge and public market experience as key enablers for such transactions. He stated, "This transaction marks TGC’s second take private of UK-listed assets and reflects our continued conviction in the opportunities available within this segment of the market."

The value proposition for True Green Capital Management extends beyond mere acquisition. The firm emphasizes its in-house asset management and repowering capabilities as critical drivers for enhancing long-term value. Sam Salisbury, Managing Director for Europe, commented, "As operating assets mature, technical expertise becomes a key driver of long-term value creation. Our differentiated in-house asset management and repowering capabilities allow us to capture value-enhancing opportunities, optimize performance, and generate meaningful upside for our investors." This approach is particularly relevant as the economics of distributed power generation, including solar and battery storage, become increasingly competitive with traditional energy sources.

With a track record of investing over $2.3 billion in distributed solar power generation and storage assets across the U.S., UK, and France, True Green Capital Management is well-positioned to capitalize on the evolving energy infrastructure landscape. The firm's strategy aligns with the growing need for reliable, cost-efficient, and quickly deployable power generation solutions.