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Metlen sells 119 MW solar portfolio in UK to Nala Renewables
Metlen has reached an agreement to sell a solar energy portfolio with a total capacity of 119 MW to Nala Renewables in the United Kingdom. The portfolio consists of four large-scale solar parks located in Norfolk, Somerset, and East Sussex.
The projects are currently either under construction or in the Ready-to-Build (RtB) stage, with phased construction and delivery scheduled for the 2027–2028 period. Once completed, the annual clean energy production is expected to meet the electricity needs of approximately 52,320 households.
This transaction aligns with Metlen’s asset rotation strategy, which involves developing, constructing, and selling renewable energy projects to reinvest capital into its expanding international portfolio. The deal also establishes a foundation for long-term strategic cooperation between the two companies, potentially supporting future renewable energy and storage projects across Europe.