LONDON, UK: VH Global Sustainable Energy Opportunities plc (GSEO), the London-listed investment company advised by Victory Hill Capital Partners LLP focused on energy infrastructure that is essential for the global transition towards net zero, announced the completion of its acquisition of the equity interests in three fully-permitted solar PV sites in Australia.
The total cost including construction will be £21.2m and is part of the existing £50m commitment to its Australian solar PV and storage investment programme.
The acquisition was first announced upon signing of the purchase agreement on 12 September 2022.
Victory Hill is based in London and was founded in May 2020 by an experienced team of energy financiers that have spun-out of a large established global project finance banking group. T
he team have an established track record built over six years while working together in their previous roles and participating in over $37.1bn in sustainable energy project transaction values, generating over 24.2 per cent equity returns.
In addition, the team has also participated in more than $200bn in transaction values across 91 conventional and renewable energy-related transactions in over 30 jurisdictions worldwide, throughout their individual careers. The average experience per individual is 22 years of relevant energy finance experience.