Contact
Estelle Eonnet
Omnes Capital
Head of Communications
Enray Power's Camblesforth Solar Farm Reaches Financial Close
For immediate release – May 9, 2025
Enray Power Ltd is pleased to announce achieving financial close in relation to its Camblesforth Solar Farm project, with all main project finance, construction, procurement and offtake agreements being executed. Enray, backed by Omnes since 2023, is pursuing an IPP strategy in the UK and this project marks an important step in the transformation of the company with a first co-located BESS and PV asset in construction.
The 68.5MWp PV coupled with 24MWh BESS project is located near Selby, North Yorkshire. It will provide green energy to 22,800 UK homes whilst offsetting 17,500t of CO2 each year. Additionally, the project will provide over 16% in biodiversity net gain to create and preserve habitats in the local area and create a community benefit fund to enhance amenities for the local community.
Enray Power has partnered with industry leading financial advisors, Akereos Capital who have provided debt advisory and structuring services and are the bookrunners of the project. In addition, Akereos was responsible for arranging the project’s PPA and BESS optimisation agreements with a leading multinational organisation.
Senior debt financing has been agreed with Rabobank, an international cooperative bank with a strong focus on financing the shift to renewable energy. The agreement draws upon multiple facilities
and will enable the delivery of the project in totality, without 3rd party investment. Legal advisory has been provided to Enray by independent UK law firm Burges Salmon LLP, whose Energy and Banking & Finance teams have contributed across the transaction.
Market analytics was provided by Aurora Energy Research, utilising their Chronos platform to optimise the BESS integration.
“Enray Power’s mission is to power a sustainable future with renewable energy. This investment represents a significant milestone in our journey towards achieving that mission and demonstrates our commitment to responsible and sustainable development benefiting the environment and local communities.”
About Enray Power
Enray Power has the objective of becoming a leading renewable energy IPP in the UK. The company has a pipeline of over 1.5GW of advanced stage solar and storage projects including organic developments and strategic acquisition of targeted ready to build projects. Enray Power is majority owned by Omnes Capital.
About Omnes Capital
Omnes is a leading private equity firm dedicated to the energy transition. With over €6.7 bn in assets under management, our teams support long-term partnerships with entrepreneurs through our four core businesses: renewable energy, sustainable cities, deep tech and co-investment. For over 20 years, Omnes has been applying its expertise to help businesses grow in more than 15 countries, with a particular focus on sustainable development.