The portfolio will consist of more than 50MW of capacity, and Alight expects to commission the projects by the end of 2027.
February 6, 2026
Swedish solar develop and independent power producer (IPP) Alight has secured £34 million in finance from Nordic financier SEB Group to develop behind-the-meter (BtM) commercial and industrial (C&I) solar PV projects in the UK.
The portfolio will consist of more than 50MW of capacity, and Alight expects to commission the projects by the end of 2027. The company said that it had secured power purchase agreements (PPAs) with “blue chip commercial and industrial companies”, but did not name any of the companies involved in the offtake agreements.
This is not the first agreement between Alight and SEB. In March 2025, the latter invested around £102.3 million (US$139 million) to facilitate the acquisition of a 215MW agriPV project in Denmark, which was commissioned in December.
According to Solar Media Market Research, residential rooftop solar accounted for 18% of the UK’s operational capacity in 2025, a 25% year-on-year increase, while commercial rooftop solar accounted for just 12% of operational capacity. However, Alight CEO Warran Campbell said that Alight is in a “rapid growth phase” in the UK C&I sector at present, and expressed optimism about the future of the sector.
UK solar forecast to grow 50% YoY again in 2026
“We are in a rapid growth phase in this market in the UK and see massive interest from customers given the financial and environmental benefits,” said Campbell. “This facility enables us to accelerate our roll out of BtM-projects to some of Europe’s leading companies and thereby together accelerate the green transition.”
Alight noted that the deployment of BtM projects, in particular, would better supply power to offtakers without the need to rely on grid infrastructure, the shortage of which, both in the UK and across Europe, has been a talking point in the European renewables industry.
Speakers at this week’s Solar Finance & Investment Europe summit, hosted in London by Solar Power Portal publisher Solar Media, said that there has been a “big focus on optimisation” in the UK grid at present, and the use of technologies and systems such as BtM projects and battery energy storage systems (BESS) were often touted as an elegant solution to the UK’s grid capacity issues.
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JP Casey
Section Editor, Informa
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