September 2025
The PwC Corporate Finance team is pleased to announce that it has advised the shareholders of Edge Hydro Investments Limited (“Edge Hydro”) on the sale of its portfolio of seven operational run-of-river hydro-electric schemes to Dalmore Capital Limited (“Dalmore”).
The schemes are located across sites in Glen Etive, Scotland, with a combined capacity of 5.95MW. Operational from January 2022, they offer a high-yield, low risk investment, with high cash generation and revenues backed by long term Feed-in-Tariffs benefiting from Retail Price Index (RPI) indexation.
Dalmore is a leading UK-based infrastructure investment firm with a proven track record of investing in essential assets spanning energy, utilities, transport, and social infrastructure. Backed by institutional capital, Dalmore is committed to generating sustainable, long-term returns for its investors through the ownership and active management of high-quality infrastructure businesses.
The acquisition of Edge Hydro follows Dalmore’s acquisition of a portfolio of nine run-of-river hydropower sites located in Scotland from Triple Point Energy Transition plc. It further supports Dalmore’s investment focus on long-term, low volatility infrastructure projects.
“The PwC Energy and Infrastructure Services team was instrumental in securing an excellent outcome for Edge Hydro. Drawing on their deep understanding of the renewable energy sector and transaction experience, the PwC team supported us through every aspect of the deal to get the transaction over line.”
PwC Corporate Finance acted as lead financial adviser to Edge Hydro Investments Limited. The PwC team advising on the deal was Jon Shelley, Matt Denmark, Nicola King, Chris Bush, Lauren Neilson, Ben Binnie, and Conor Hall.
“We are delighted to have acted as lead financial advisor to the shareholders of EDGE Hydro Investments Limited on the sale of their hydro-electric portfolio to Dalmore Capital. The deal reflects the strong and ongoing appetite for high-quality energy transition assets in Scotland. EDGE Hydro has created a fantastic portfolio of assets and we look forward to seeing the portfolio’s continual development under the stewardship of Dalmore.”