Arlington Energy Ltd and Enso Energy Ltd are entering into a strategic joint venture to finance and develop upwards of a 600MW portfolio of shovel-ready energy projects. This level of investment into development stage projects is unique and the joint venture allows for Arlington Energy to scale the deployment of capital due to the size of Enso’s pipeline.
Arlington Energy, a major investor in energy assets, has raised a staged £10 million fund to finance the development of a large portfolio of assets. Enso Energy are one of the nation’s largest energy developers, having developed out in excess of 1GW of distributed generation within the last 5 years, and were previously the development arm of the Green Frog group.
Matt Clare, Director of Arlington Energy, said, “Forming a joint venture with Enso Energy is a fantastic opportunity for Arlington Energy to deploy the sizeable capital it has raised to develop energy assets in the UK. With our expertise in finance and asset transactions, complemented by Enso’s unrivalled experience in developing quality projects, it is an exciting opportunity to take forward.”