OTPP and PSP-backed Cubico Sustainable Investments acquires 10 UK solar projects

June 30
11:16 2016

Cubico Sustainable Investments, a renewable energy and water investment firm, has acquired ten UK operational solar projects totaling 65 megawatts from UK-based solar developer British Solar Renewables. As a result of this acquisition, Cubico’s portfolio now comprises 29 assets located across eight countries.

Cubico was launched in May 2015 with financing from Ontario Teachers’ Pension Plan (OTPP) and PSP Investments, in partnership with Spanish banking group Banco Santander, S.A.

British Solar Renewables will remain actively involved with the solar parks as the operations and maintenance provider, part of a long-term relationship between the two companies established by the deal.

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