Acquisition of three solar PV sites in Australia

RNS Number : 9056D

VH Global Sustainable Energy Oppt.

25 October 2022

 

VH Global Sustainable Energy Opportunities plc

25 October 2022

VH Global Sustainable Energy Opportunities completes £21.2m acquisition of three solar PV sites in Australia

VH Global Sustainable Energy Opportunities plc ("GSEO"), the London-listed investment company advised by Victory Hill Capital Partners LLP focused on energy infrastructure that is essential for the global transition towards net zero, is pleased to announce the completion of its acquisition of the equity interests in three fully-permitted solar PV sites in Australia. The total cost including construction will be £21.2m and is part of the existing £50m commitment to its Australian solar PV and storage investment programme.

The acquisition was first announced upon signing of the purchase agreement on 12 September 2022. 

www.vh-gseo.com

The Company's LEI is 213800RFHAOF372UU580.

For further information, please contact:

Edelman Smithfield (PR Adviser)

Ged Brumby   + 44 (0)7540 412 301

Kanayo Agwunobi  [phone]

Victory Hill Capital Advisors LLP (Investment Adviser)

Navin Chauhan  [e-mail]

Numis (Joint Corporate Broker)

David Benda   [phone]

Matt Goss

Alvarium Securities Limited (Joint Corporate Broker)

Mark Thompson    [phone]

Eddie Nissen    [phone]

Oliver Kenyon    [phone]

G10 Capital Limited (AIFM)

Mohammed Rahman   + 44 (0)20 7397 5450

Paul Cowland

Apex Fund and Corporate Services (UK) Limited (Company Secretary)

Geetika Dayal  [phone]

About Victory Hill Capital Partners LLP

Victory Hill Capital Partners LLP ("VHCP") is authorised and regulated by the Financial Conduct Authority (FRN 961570).

Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that have spun-out of a large established global project finance banking group. The team have an established track record built over six years while working together in their previous roles and participating in over $37.1bn in sustainable energy project transaction values, generating over 24.2 per cent. equity returns. In addition, the team has also participated in more than $200bn in transaction values across 91 conventional and renewable energy-related transactions in over 30 jurisdictions worldwide, throughout their individual careers. The average experience per individual is 22 years of relevant energy finance experience.

The VHCP team deploys its experience across different financial disciplines in order to assess investments holistically from multiple points of view. The firm pursues operational stability and well-designed corporate governance to generate sustainable positive returns for investors. It focuses on supporting and accelerating the Energy Transition and the attainment of the UN Sustainable Development Goals.

VHCP is a signatory of the United Nations Principles for Responsible Investing (UN PRI), the United Nations Global Compact (UN GC) and is a formal supporter of the Financial Stability Board's Task-Force on Climate-related Disclosures (TFCD).

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