Egg Power secures £400 million debt financing from NatWest – Solar Power Portal

Once operational, the initial UK portfolio, backed by long-term power purchase agreements (PPAs), is expected to generate approximately 420 GWh of electricity annually.
January 19, 2026
The non-recourse debt will support Egg Power’s 250MW pipeline of solar and wind projects under construction, with capacity expected to scale to 500MW in the UK. Three UK solar projects – Grange, Rainsbrook and Rag Lane – are currently under construction.
Egg Power acquired all three projects during 2025, with the Grange solar park joining its portfolio most recently in December.
The portfolio is scheduled to reach commercial operation between the second quarter of 2026 and the first quarter of 2027, with projects also planned across Europe.
Once operational, the initial UK portfolio, backed by long-term power purchase agreements (PPAs), is expected to generate approximately 420 GWh of electricity annually.
“This financing is the culmination of 12 months of work and marks a significant milestone for egg Power. The agreement marks a significant step towards egg Power’s goal of delivering 1,500MW of clean energy capacity by 2028 under long-term PPAs,” said Ilesh Patel, chief commercial officer, energy transition at Liberty Group.
NatWest Group acted as sole underwriter and structuring bank for the facility, as well as mandated lead arranger, hedging bank, facility agent and security trustee.
This article first appeared in full on our sister site, PV Tech.
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Molly Green
Senior Reporter, Informa
Molly joined the team in 2024 and has led coverage on the UK sites. Now shifting to a more global view, Molly is interested in how legislation shapes market dynamics, covering the intersection of policy design, investment patterns, and energy transition pathways. 
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