M&A Deal Summary

NextEnergy Capital Acquires Mere Flats Solar and BESS Project

On March 12, 2025, asset manager NextEnergy Capital acquired renewable energy company Mere Flats Solar and BESS Project

Acquisition Highlights
  • This is NextEnergy Capital’s 3rd transaction in the Renewable Energy sector.
  • This is NextEnergy Capital’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2025-03-12
Target Mere Flats Solar and BESS Project
Sector Renewable Energy
Buyer(s) NextEnergy Capital
Deal Type Buyout (LBO, MBO, MBI)

Target

Mere Flats Solar and BESS Project

South Yorkshire, United Kingdom
Mere Flats Solar and BESS Project is a ready-to-build, 56MW solar and 16MW co-located BESS project located in South Yorkshire, United Kingdom.

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Buyer(S) 1

Buyer

NextEnergy Capital

Investor Investor Investor Investor


Category Asset Manager
Founded 2007
PE ASSETS 3.9B USD
Size Large
Type Sector Focused
DESCRIPTION

NextEnergy Capital is an asset manager and direct investor in the solar renewable energy sector. The Firm will consider opportunities across Europe and generally seeks to invest in and build solar projects, plants, and related technology. NextEnergy was formed in 2003 and is headquartered in London.


DEAL STATS #
Overall 3 of 3
Sector (Renewable Energy) 3 of 3
Type (Buyout (LBO, MBO, MBI)) 2 of 2
Country (United Kingdom) 1 of 1
Year (2025) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-14 Guanaco II

Chile

Guanaco II covers 5 separate projects located in the Central and North regions of Chile. The combined generation capacity of these projects adds up to 45.3MWp, with the portfolio benefiting from 100% regulated revenues, with the energy sold covered by the stabilized price scheme PMGD regime.

Buy -