Hamburg/London, 8th September– greentech, a European solar and storage specialist, and Lombard, a leading UK asset finance provider, have reached financial close on the 25.9 MW Chalkpit Solar Farm in Dover, Kent. The project, backed by Lombard with a £15 million senior debt facility, will see construction begin this month.
This represents the first in a series of UK-based solar developments by greentech totalling about 160 MWp that have achieved planning consent and are ready-to-build. For greentech, this milestone represents a decisive step in building a long-term UK asset base under its new independent power producer (IPP) strategy.
The solar farm should be energised by summer 2026. It will create enough renewable energy to power approximately 7,500 average 4-person households annually, displacing an estimated 10.000 tonnes of CO₂ emissions each year.
For Lombard, the investment underscores its role in financing infrastructure that drives decarbonisation and energy security. Tom Bosson, Director of Renewable Energy for Lombard Specialist Sectors said: “This lending reflects our commitment to supporting sustainable infrastructure that contributes to the UK’s net-zero ambitions. By working with greentech, we can help bring forward renewable energy capacity that delivers both environmental and long-term economic value. We hope to support other UK’s projects of greentech’s in the future.”
“Reaching financial close on our first UK project is a pivotal moment for greentech,” said Yaw Ofori, Managing Director UK at greentech. “We are proud to enter the market as an independent power producer with a pipeline of matured projects ready to be delivered. Partnering with Lombard allows us to combine our development expertise with strong financial backing to accelerate the UK’s clean energy transition.”
With multiple additional projects submitted to the NESO (National Energy System Operator) as part of the Gate 2 Grid Reform process, greentech is positioned to deliver more than 5 GW of solar capacity in the UK in the coming years — reinforcing its role as a growing IPP and contributing to the country’s path to net zero.
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