Sector · Solar
Solar investment: raising capital for utility scale and distributed solar projects
Solar is one of the most familiar assets to institutional investors, which makes it efficient to finance when the evidence is in order and quick to decline when it is not. We help solar developers and owners raising £10m and above meet the standard investors expect.
How investors see it
Solar: where capital comes from, and what it needs.
Investors in solar have seen thousands of projects, and they know where the risks sit: grid connection, consent, land, yield and revenue. Because the technology risk is well understood, attention concentrates on whether the project's development risks have genuinely been closed and whether the revenue case survives a conservative price and yield view.
For portfolios, investors also look at the platform: the pipeline's conversion history, the team, and whether the projects are standardised enough to be financed together.
Who we work with
- Developers of ground mounted utility scale solar
- Developers of solar with colocated storage
- Commercial and industrial rooftop and distributed solar platforms
- Owners of operational solar portfolios
Investor criteria
What investors check before they invest
The Investor Readiness Review tests each of these against your materials before an investor does.
| What investors check | What they expect to see |
|---|---|
| Grid | Connection offer, capacity, date, and any milestones or securities required. |
| Land and consent | Option or lease terms covering the project life, planning status and any conditions. |
| Yield | An independent energy yield assessment with P50 and P90 figures. |
| Revenue | CfD, corporate PPA, utility PPA or merchant, with counterparty quality and independent price curves. |
| Costs | Module, inverter and balance of plant pricing, EPC terms, and opex assumptions with sources. |
| Portfolio | For platforms: pipeline by stage, conversion history and standardised documentation. |
Capital providers
Who invests
Infrastructure funds
Operational and ready to build portfolios
Development investors
Late stage pipelines
Banks
Construction and term project finance
Family offices
Projects and platforms, often alongside sponsors
Corporate offtakers and strategics
Projects linked to their own power purchasing
Common issues
Where raises stall
No independent yield
Internal yield estimates in place of an independent assessment.
Land term shorter than the model
Lease terms that do not cover the asset life assumed in the model.
PPA under negotiation presented as signed
Heads of terms treated as contracted revenue.
Portfolio without a pipeline story
Projects listed without stage, probability or timetable.
FAQ
Solar: questions
How do I find investors for a solar project?
What is P50 and P90 in solar investment?
Is BriHel a solar fund?
Find out what an investor will see before approaching the market.
The Investor Readiness Review is a fixed fee assessment of your opportunity, written from the investor side of the table. You receive a scored report, the issues most likely to stop an investor, and the order in which to address them.