Israel agr power limited

JLL advises on Railpen''s investment in renewable energy developer AGR Power

LONDON, 21 JUNE 2024 - JLL has provided commercial advisory services to Railway Pension Trustee Company Limited ("Railpen") related to their equity investment in AGR Power Limited

Israel agr power limited

6 FAQs about [Israel agr power limited]

Who is AGR power?

AGR Power is a leading London-based renewable energy and sustainable infrastructure developer. Since its inception in 2011, the company has delivered over 55 projects across solar, wind, energy storage, and sustainable agriculture assets, deploying over £850m of capital and connecting over 1.1GW of renewable energy to the UK markets.

What does AGR do?

At AGR we specialise in innovative development, funding, structuring, and delivery models, which enable us to deliver clean and low carbon energy projects that meet the needs of our partners, be it a fund, multinational organisation or large-scale farming business.

Who are railpen & AGR?

Railpen is one of the largest pension managers in the UK responsible for managing £34b of assets on behalf of over 350.000 members. AGR is one of the leading sustainable infrastructure developers in the UK, having delivered more than 55 projects totalling over 1.1GW of renewable power to support the UK’s energy transition and food security.

Why did railpen invest in AGR?

Railpen’s investment in AGR will facilitate the business in constructing a portfolio of assets and achieving its target of putting over 500MW of high-quality renewable assets in operation by 2029. As part of the partnership, Railpen has committed to invest in AGR’s near-term UK solar, Battery Energy Storage System (BESS), and greenhouse projects.

Who advised railpen & AGR?

Railpen were advised by CMS (legal), Grant Thornton (Financial and Tax), JLL (Commercial)and Willis Towers Watson (Insurance). AGR were advised by Eversheds Sutherland (Legal). AGR Power is a leading London-based renewable energy and sustainable infrastructure developer.

Who will be on AGR's board?

Railpen will be represented on AGR’s board by Lewis Vanstone and Cristiana Dochioiu. AGR’s co-founder Oliver Breidt will remain at the helm as group director. Oliver Breidt, co-founder, AGR, said: “I’m incredibly pleased to announce our partnership with Railpen in what is a landmark move for AGR.

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