The portfolio includes utility-scale solar developments across Norfolk, Somerset and East Sussex, with the projects currently at ready-to-build or under-construction stages.
Announced on 10 November 2026, the agreement forms part of METLEN’s strategy of developing renewable energy assets before transferring ownership to long-term investors.
For Nala Renewables, the acquisition represents an expansion of its UK portfolio and a further investment in the country’s renewable electricity infrastructure.
Four solar projects scheduled for delivery
The four solar farms are expected to be delivered in phases between 2027 and 2028.
Once operational, the portfolio is forecast to generate approximately 131GWh of electricity annually, equivalent to the annual consumption of around 52,320 UK households, according to Nala Renewables.
The household equivalent is calculated using an assumed annual consumption of 2,500kWh per home.
The projects’ future revenues will be supported by a combination of corporate Power Purchase Agreements and Contracts for Difference, providing contracted income arrangements for the assets.
Remy Verot, Interim CEO of Nala Renewables, said:
“We are delighted to have successfully signed these SPAs, which serve as a cornerstone investment for Nala as we expand our operational footprint in the UK.”
The company identified the UK’s established renewable energy market as an important factor in its investment decision.
Supporting renewable energy investment
METLEN has been active in the UK renewable energy sector for more than a decade, developing solar and energy storage projects through its M Renewables business.
The company has delivered more than 70 renewable energy and storage projects in the UK, with over 20 additional developments progressing.
Through its asset rotation strategy, METLEN develops and constructs renewable energy facilities before selling them to investors, allowing it to reinvest capital into further projects.
Nikos Papapetrou, Chief Executive Director of M Energy Transition Platform, described the sale as an example of the company’s ability to deliver renewable energy assets for long-term investors.
The transaction also establishes the basis for further cooperation between METLEN and Nala Renewables.
Although the companies have confirmed that sale and purchase agreements have been signed, the four solar farms have not yet completed development or begun generating electricity as an operational portfolio.
Their planned delivery between 2027 and 2028 will add further solar generation capacity to the UK electricity system, subject to successful construction and commissioning.
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Image Credit: METLEN
