Aurium finances a 9MW solar PV project in Cornwall
January2015

Aurium finances a 9MW solar PV project in Cornwall

Aurium worked with Hazel Capital (as developer) to finance the construction of a 9MW ground-mounted solar PV project on 17.5 hectares of coastal agricultural land overlooking Falmouth Harbour. The EPC is Egnatia Energy. This site is particularly notable for its very high levels of irradiation – in excess of 1,300 kW/m2 (compared to ‘normal’ levels in the UK is of around 1,000 – 1,100kW/m2). Aurium worked with the developer to put a financing in place inside a period of two weeks over the 2014/15 year end to ensure construction could start in time for completion by March 31, 2015.