Low Carbon Gets $163 Million From Macquarie for U.K. Solar
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Low Carbon, a London-based clean energy investor, received 106 million pounds ($163 million) of debt funding from a unit of Macquarie Group Ltd. to refinance part of its pipeline of U.K. solar-power plants.
Low Carbon will use the fixed-rate and retail price index-linked funding from Macquarie Infrastructure Debt Investment Solutions to refinance 12 operating solar parks with a combined capacity of 99.2 megawatts, it said in an e-mailed statement Tuesday.