PwC advises Bluefield Solar Income Fund on its sale to Drax Group plc

PwC's Energy & Infrastructure team provided financial due diligence services to Bluefield Solar Income Fund ("BSIF") in connection with its sale to Drax Group.

BSIF is one of the UK's leading listed renewable energy infrastructure investors, with a portfolio of operational solar and wind assets across the UK and a substantial pipeline of solar and battery energy storage system (BESS) projects. The platform has played an important role in supporting the development of renewable energy infrastructure and the UK's transition towards a lower-carbon energy system.

The acquisition brings together an established renewable energy platform and one of the UK's leading power businesses. The transaction represents a significant deal within the UK renewable energy sector and reflects the continued strategic importance of renewable generation and energy storage assets.

PwC's Energy & Infrastructure team provided financial vendor due diligence services throughout the transaction process, drawing on deep sector expertise.