Nala Renewables expands footprint in UK through the purchase of 119 MW solar portfolio

London, 10 November 2026 – Nala Renewables is pleased to announce that it has entered into agreements with METLEN to acquire a portfolio of UK solar PV projects.

This transaction marks an important milestone for Nala Renewables, strengthening its position in the UK market and reflecting its confidence in the country’s energy transition and long-term investment opportunities.

The portfolio comprises four utility-scale solar farms across Norfolk, Somerset and East Sussex, with a combined installed capacity of approximately 119 MW. Once operational, they are expected to generate nearly 131 GWh per year and will power the equivalent of 52,320* homes per year.

The projects are currently at Ready-to-Build (RtB) and Under Construction stages and are scheduled to be delivered in phases between 2027 and 2028. Revenue is supported by a combination of corporate Power Purchase Agreement (PPA) and Contracts for Difference (CfDs), providing long-term cashflow visibility.

Remy Verot, Interim CEO at Nala Renewables, said:

“We are delighted to have successfully signed these SPAs, which serve as a cornerstone investment for Nala as we expand our operational footprint in the UK.  As one of Europe's largest and most mature renewable energy markets, the UK has been a priority market for us to penetrate at the right time. This transaction reflects our ability to build alliances with strategic long-term partners and reflects our confidence in the UK as a market for infrastructure investment. We are moving to a new stage of Nala’s growth, adding these critical assets to our portfolio and supporting the energy transition in the UK."

ENDS

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* Assumption and Source

Assumption: 2,500 kWh/year household electricity consumption.

Source: Ofgem Typical Domestic Consumption Value (TDCV) for a medium domestic electricity consumer, effective from July2026. [rencalc.com], [ovoenergy.com]

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About Nala Renewables

Nala Renewables is a London-headquartered global renewable energy company. Nala owns, develops, constructs and manages solar PV, onshore wind and energy storage assets across the full project life cycle. With a primary focus on Europe and Chile, Nala continues to scale its portfolio through a combination of in-house development, strategic partnerships, and selective acquisitions.