Investing in Construction
ORIT was set up with a particular focus on investing into assets at the construction stage, leveraging the specialist skills and track record of the Investment Manager in this area
Construction track record
7
Assets invested at construction stage:
- 5 onshore wind
- 1 solar
- 1 battery storage
181MW
Capacity built across 5 assets: 1 in Sweden, 1 in France, 1 in the UK and 2 in Poland
£14.8 m
Uplift to Net Asset Value since inception
(as of 30/09/2023)
Status of Assets Acquired at Construction Stage
Completed
48MW
Ljungbyholm Wind Farm (Sweden)
Construction started in April 2020 with site operational in June 2021
Completed
19MW
Krzecin Wind Farm
(Poland)
Fully operational since February 2022
Completed
24MW
Cerisou Wind Farm
(France)
Construction started in August 2021 with site fully operational in October 2022
Completed
50MW
Cumberhead Wind Farm (UK)
Construction started in September 2021 and is now considered fully operational as at 31 March 2023
Completed
49MW
Kuslin Wind Farm
(Poland)
Fully operational since December 2022
In Construction
67MW
Breach Solar Farm
(UK)
Completion expected in Q4 2023. Construction underway and progressing well
In Construction
12MW (6MW pro-rata ownership)
Woburn Road Battery (UK)
Completion expected in 2024. Procurement activities underway
Cumberhead Windfarm
Construction Case Study
Cumberhead Windfarm acquired by ORIT as a ready to build onshore windfarm on a subsidy-free basis
"ORIT can be really proud of the outcome: Delivery of a state-of-the-art new onshore windfarm producing completely clean energy for over 50,000 homes, a community fund worth £250,000 a year for 30 years for the locals - full project completely free of any form of subsidy"
View Investment StrategyWant to Find Out More?
Contact us to find out more about Octopus Renewables Infrastructure Trust
Construction Stage Investments
Investing at the construction stage also delivers greater positive impact, as new clean generation capacity is added to the power network