The 45.5MW Snakes Meadow solar farm has been developed thus far by European Energy, which currently owns 100% of the project.
October 12, 2026
Danish independent power producer (IPP) European Energy has secured construction financing from Jyske Bank for a 57.4MWp solar plant in Bedfordshire.
The 45.5MW Snakes Meadow solar farm has been developed thus far by European Energy, which currently owns 100% of the project. The developer said it might bring in a new long-term owner later in the project lifecycle while continuing to oversee construction.
Jyske Bank will provide a construction credit facility of DKK255 million (£28.8 million) and a DKK36 million letter of credit and guarantee facility. It is the first UK construction financing between Jyske Bank and European Energy, the company said. In August, it secured a comparable financing deal with Danske Bank for a 68MW project in Cornwall.
The Snakes Meadow project is due to enter commercial operation in 2027 and has a grid connection secured.
According to Solar Media Market Research’s database, European Energy currently has 13 sites awaiting or under construction in the UK.
Related:GB Energy launches £30 million ‘People’s Power’ fund for community energy
Read more about:
Molly Green
Section Editor, 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.
Google Preferred Source
Google Preferred Source
Copyright © 2026 Informa PLC. Informa PLC is registered in England and Wales with company number 8860726 whose registered and head office is 5 Howick Place, London, SW1P 1WG.

source