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Stock impact report

Octopus Energy to invest £2bn in UK renewable energy [Yahoo! Finance]

Exagen Inc. (XGN) 
Last exagen inc. earnings: 3/25 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The investment encompasses the development of four new solar farms by BayWa r.e. in various UK locations. BayWa r.e. UK and Ireland managing director Christine McGregor stated: “Thanks to the efforts of our strong team in the UK, we were able to prepare these high-quality solar projects for a successful construction phase which will commence soon, ensuring a near-term start of green energy production. “We are looking forward to building upon our reliable partnership with Octopus Energy Generation, and together, contribu[ting] to the UK's ambitious plans to accelerate the energy transition.” Construction on three of the facilities is set to commence towards the end of 2024 with the fourth beginning in 2025. The projects are the 50MW Perrinpit Road solar park in Bristol, developed under a joint venture with Grune Energien Solar, and three ready-to-build sites: the 48MW Driffield solar park in the East Riding of Yorkshire, the 52MW South Fambridge Hall in Essex, and the 72MW Cor Show less Read more
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