British Solar Renewables secures £345 Million financing for 609MW solar and BESS portfolio
British Solar Renewables secures £345 Million financing for 609MW solar and BESS portfolio
We’re proud to announce a major milestone for British Solar Renewables (BSR) - we’ve secured financial close on a £345 million debt facility to fund a 609MW portfolio of solar and battery energy storage projects across the UK.
This deal is one of the largest hybrid portfolio financings ever completed in the UK renewable energy sector, reinforcing our position as a leading independent power producer dedicated to powering a cleaner, more resilient future for Britain.
Powering the UK’s clean energy transition
Our portfolio consists of 12 solar and co-located solar-battery energy storage system (BESS) projects, which together will generate approximately 600GWh of clean electricity each year. That’s enough to power around 160,000 homes and reduce carbon emissions by 140,000 tonnes annually.
This investment supports the UK’s legally binding net zero targets and the government’s ambition to become a Clean Energy Superpower. As the country faces energy security challenges, projects like ours provide reliable, renewable power while boosting local economies and communities.
A financing deal backed by leading UK and international banks
The £345 million senior, flexible debt facility was provided by a consortium of trusted banking partners including Lloyds Bank, NatWest, Commonwealth Bank of Australia (CBA), and Landesbank Baden-Württemberg (LBBW).
With legal counsel from Bracewell LLP, this structured financing reaffirms confidence in BSR’s development and operational capabilities and positions us to continue delivering long-term value to investors, partners, and the communities we serve.
Expertise and stewardship from start to finish
Founded in 2010 and based in Shepton Mallet, BSR brings over a decade of proven expertise to every stage of renewable energy development - from sourcing and design, through build, to operation and maintenance.
Our integrated approach means we stay fully engaged with every project long after commissioning, ensuring strong performance and positive impact.
We’re passionate about responsible stewardship - balancing the needs of the land, the communities around us, and the climate. Through initiatives like our Nature Protection Pledge, we prioritise biodiversity and sustainability in every project we deliver.
Committed to Britain’s energy future
We are proud to be a British independent power producer, working by the UK and for the UK. Our projects strengthen national energy independence and contribute to food and land security through careful, responsible development.
With this landmark financing now in place, we’re excited to accelerate delivery of our near-term portfolio and play our part in shaping a cleaner, greener, and more secure energy landscape for the nation.
“Achieving financial close on this landmark transaction is a major milestone for our business and reinforces our commitment to the UK’s clean energy future. This financing highlights the strength of our collocation strategy and our innovative approach to delivering clean, reliable power at scale. We’re proud to play our part in driving the energy transition forward.”
“We are proud to support this landmark transaction and to have the trust of such a strong group of lenders. This financing not only underscores the strength and credibility of BSR as a leading renewable energy platform but also highlights our shared commitment to delivering high-impact projects that accelerate the UK’s transition to net zero. It’s a powerful validation of BSR’s ability to execute at scale and contribute meaningfully to decarbonisation.”