The array, located about 161km miles northeast of London, was the third closing for AREF, after the acquisition of an Italian solar farm in late 2013 and a German wind farm in February 2014.
"In addition to helping ensure our investments are geographically diversified, this solar farm should offer stable cash-flows through the Renewables Obligation subsidy scheme, a long-term power purchase agreement with an investment grade consumer as well as a level of sunshine hours comparable to Germany," AREF's chief investment officer Armin Sandhövel says.
