Eaga bags £300m for solar panel project

BusinessGreen staff
clock

Mixture of debt and equity means company is set to install PV on 30,000 homes across UK

Energy-efficiency specialist Eaga has secured £300m from a number of banks to fund plans to install photovoltaic panels on more than 30,000 UK homes. The money comprises £75m in equity and £225m in...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Solar

'UK first' apartment solar deal to cut bills by over £8,000 per property over 25 years

'UK first' apartment solar deal to cut bills by over £8,000 per property over 25 years

Enfield apartments to receive fully-funded rooftop solar panels that are set to supply around 30 per cent of annual power demand

Stuart Stone
clock 11 May 2026 • 3 min read
How the solar and storage 'sweet spot' could slash Europe's energy costs

How the solar and storage 'sweet spot' could slash Europe's energy costs

SolarPower Europe maps out scenario where solar and storage projects are deployed at scale through to 2030, cutting operating costs in half

clock 06 May 2026 • 7 min read
 Portsmouth Water inks deal for Wattstor to develop 3MW reservoir solar project

Portsmouth Water inks deal for Wattstor to develop 3MW reservoir solar project

Project combines solar installation with long-term tariff structure, allowing Portsmouth Water to maximise onsite generation and protect itself from price shocks

clock 06 May 2026 • 2 min read