Alight acquires 11 MW solar park from Soltech
Stockholm, Sweden, November 05, 2024 — Alight, a leading solar developer and independent power producer, is pleased to announce that it has acquired a fully operational 11 MW solar PV park located in Falkenberg municipality from Soltech Energy Solutions.
Soltech commissioned the Ramsjöholm solar park in September 2024. The company’s strategy regarding solar and battery parks is to develop projects and sell them once commissioned.* In line with its strategy, Solpark Ramsjöholm is now being purchased by Alight.
Richard Nicolin, co-founder and Chief Investment Officer of Alight, says: “This is a milestone transaction for Alight, as it’s the first acquisition of a commissioned project in our portfolio. We are primarily investing our capital into projects we have developed ourselves, but the Ramsjöholm solar park provided a very attractive opportunity to grow our operating solar portfolio. Soltech has done a fantastic job developing and commissioning this solar park and we are open to doing acquisitions of mature projects in all Nordic countries."
Christoffer Caesar, CEO of Soltech Energy Solutions, says: “I’m proud of the work our outstanding team has done in developing and commissioning this 11 MW installation, which brings more clean electricity to the local grid. The solar park will be in good hands with Alight for the duration of its 40-year lifespan.”
*With the exception of Soltech's own battery park in Malmö and the solar park in Öringe
For more information, contact:
Meredith Popolo,
Communications Director, Alight
0709-61 15 83
meredith.popolo@alight-energy.com
About Alight
At Alight, we’re on a mission to kick carbon off the grid by helping energy-intensive businesses switch to solar. We develop, own and operate onsite and offsite solar projects across Europe and sell the clean energy to businesses at a low, fixed cost backed by a power purchase agreement (PPA), always independent of government funding or subsidies. By 2030, we aim to have an installed capacity of at least 5 GW, paving the way for a more sustainable future.
About Soltech Energy
Soltech Energy is a comprehensive supplier that develops, sells, installs and optimizes solar energy solutions for its customers' needs. Soltech Energy Sweden AB (publ), is traded on the Nasdaq First North Growth Market under the short name SOLT. The company's Certified Adviser is Carnegie Investment Bank AB (publ). For more information, visit https://soltechenergy.com.
