Quinbrook Infrastructure Partners (Quinbrook) has reached financial close of debt financing for Cleve Hill Solar Park (Cleve Hill). This is a solar plus battery storage project currently under construction. The project has a solar capacity of 373 MW and a storage capacity of 150 MW and is expected to commence operations in 2025.
Furthermore, the project financing combines a GBP 218.5 million term loan and a GBP 20 million VAT facility. This has been provided by Lloyds and NatWest. Additionally, project financing was arranged in two tranches, the term loans for the solar PV was completed in August 2024 and for the BESS facility in March 2025.
Earlier in February 2025, Quinbrook acquired a 350 MW solar PV project named Millard Pass. It is located on the Rutland-Lincolnshire border in England’s East Midlands and marks Quinbrook’s second nationally significant infrastructure project (NSIP). Construction of the project is expected to commence in 2026 and operations will begin in 2028.
