Renewable energy investment specialists Bluefield Partners purchased the portfolio following a competitive process . Good Energy plans to invest the funds from the sale into its on-going strategy , including participating in the current funding round for its subsidiary Zap-Map . The UK app for electric vehicle charging has had a successful 12 months , launching numerous commercial propositions .
In addition , Good Energy will continue to invest in building a new platform for small scale generators , providing smart metered power export , as part of its on-going commitment to decentralised energy .
Nigel Pocklington , Chief Executive Officer of Good Energy , said , “ The
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sale of our generation portfolio is a transformational moment for Good Energy and a fantastic deal for all of our stakeholders . Good Energy did the hard work getting these sites built , and now we are recycling that capital from our past to invest in our future .
“ Last year , we outlined our clear strategic direction to capitalise on a rapidly growing market in decentralised , digitised clean energy and transport services , based on 100 % ' real ' renewable power .
“ We are ideally positioned to benefit from this trend through our investment in Zap – Map , the UK ’ s leading EV app , and our growing stable of other energy
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products and services .
“ We expect to make further investments across both transport and decentralised energy to deliver our strategic plan , which we believe has massive headroom for growth .
“ Alongside these investments into mobility and energy services , this transaction reduces debt and further strengthens our balance sheet , which is particularly important given the current volatility in the energy market .”
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