Island Green Power lands £315M debt facility to become power producer

What's the deal? Island Green PowerDealroom has a profile for this one. Try Dealroom → (IGP) has secured a £315 million HoldCo debt financing facility, the UK solar developer announced in July 2026. The funding supports its transition from a renewable energy developer to an independent power producer.

What's the endgame? IGP develops utility-scale solar PV and battery storage, having worked on over 3 GW of assets across the UK and continental Europe. The facility is aimed at accelerating that pipeline and moving the company from building projects to owning and operating them.

Why now? The deal follows Macquarie Asset ManagementDealroom has a profile for this one. Try Dealroom →'s move to full ownership of Island Green Power through its managed funds. That positions IGP as a platform within Macquarie's UK and European renewables portfolio.

The signal: The facility ranks in the 90th percentile among debt rounds for its sector and region, and reflects how mid-sized renewable developers are tapping large, structured debt to scale solar-plus-storage. Comparable deals include Renalfa IPPDealroom has a profile for this one. Try Dealroom →'s €315 million holdco financing and Summit Ridge EnergyDealroom has a profile for this one. Try Dealroom →'s $305 million facility with Bank of AmericaDealroom has a profile for this one. Try Dealroom → — a pattern of mid-hundreds-million financings signalling lenders' growing comfort with platform structures in clean energy.

Read more: Clean Energy Pipeline

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