Caerphilly County Borough Council has put the development rights of a ready-to-build solar PV scheme up for sale.
The proposed circa 20 MW Cwm Ifor Solar Farm, which is situated just outside Caerphilly, secured planning permission in May 2024, with circa 81 acres of land under an option to lease.
The project is expected to connect to the grid in December 2026 and has the potential to generate enough clean energy to power approximately 6,000 homes annually.
Henry Grant, director at Savills Earth Capital Advisory, which has been appointed to market the opportunity, said: “This sale offers an excellent opportunity for investors to acquire a well-planned renewable energy project with substantial potential for positive impact. We anticipate strong interest from investors, community energy groups and public sector organisations and look forward to supporting Caerphilly County Borough Council throughout the process.”
Jamie Pritchard, deputy leader of Caerphilly County Borough Council, added: “This is an exciting and innovative initiative, which aims to help deliver our targets to lower carbon emissions and at the same time generate a financial return that can be reinvested into services, which is vital during the current challenges we face.”
