Project Finance Brief: Octopus Renewables to Sell Stakes in Solar and Wind Projects
Technique Solaire secures $47 million in debt financing
December 31, 2025
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From: Mercom Capital Group
Octopus Renewables Infrastructure Trust, the diversified renewables infrastructure company, announced the signing of agreements to sell a 49% stake in its full ownership of the 67 MW Breach solar project in Cambridgeshire, and to dispose of a 51% stake in the 46 MW Crossdykes onshore wind project in Scotland. Tokyo Century Corporation is acquiring the 49% stake in Breach and the 49% stake in Crossdykes. The remaining 2% in Crossdykes is being sold to the Octopus Energy Generation-managed Octopus Renewables Infrastructure SCSp fund, at the same valuation, which already owns 49% of the project.
Technique Solaire Group, a France-based independent renewable energy power, closed a €40 million ($47.12 million) junior debt financing with BNP Paribas Asset Management to support the growth of the company’s solar projects located in France and internationally. The financing will facilitate the continuation of construction for two project portfolios comprising 626 solar projects totaling 392 MWp capacity. This includes rooftop solar projects in France, ground-mounted projects in Spain and the Netherlands, and the Drakenrijk floating project in the Netherlands.
METLEN Energy & Metals (previously known as MYTILINEOS), a Greek industrial conglomerate, announced the completion of the sale of its portfolio of four operational solar projects in Chile totaling 588 MW supported by co-located battery energy storage systems with a capacity of 1,610 MWh. The transaction with GAC RS Chile II, a subsidiary of Glenfarne, signed in April 2025, is a part of METLEN’s global Asset Rotation Plan. With the fulfilment of certain conditions, the deal amounts to a total consideration of $865 million.
BOOM Power, a developer of solar and battery storage projects, completed the sale of the 22 MW New Hall solar project and its remaining minority stake in the Low Farm solar project in the U.K. to Downing, an investment manager. The New Hall solar is a consented project developed by BOOM Power from early-stage site identification through to planning consent. PKF acted as financial and corporate advisors to BOOM Power on both projects. The transactions for both projects were completed on 22 December 2025.
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