Evolution Infrastructure is proud to have provided the financial model audit to support EDF power solutions on the acquisition of the Gate Burton Energy Park, a 500MW co-located solar and battery storage project in Lincolnshire.
The development, classified as a Nationally Significant Infrastructure Project (NSIP), received Development Consent Order (DCO) approval from the Secretary of State for Energy Security and Net Zero in July 2024. Once operational, the Gate Burton project will deliver clean electricity to approximately 160,000 homes annually and will play a vital role in providing flexibility to the UK’s power grid.
This acquisition forms part of EDF power solution’s growing solar and storage portfolio, reinforcing its commitment to scaling clean energy generation across the UK.
Hamish Tulloch, Partner at Evolution Infrastructure, said:
“We were pleased to support EDF on their acquisition through review and audit of the financial model. This project represents a meaningful contribution to the UK’s clean power ambitions, and we’re proud to have played a role in its progression. Congratulations to EDF and all parties involved.”
James Newbold, Head of Investment & Financing:
“We welcome the diligent and collaborative approach the Evolution Infrastructure team took to review our investment model. The timely and robust review provided confidence to support our acquisition.”
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