Hazel Capital raises £41.6m for renewables VCTs
Hazel Capital has raised £41.6m for the Hazel Renewable Energy VCT 1 and 2 vehicles, which are now closed to new investments.
The Hazel Renewable Energy VCTs focus on UK and European turn-key and operational renewable energy projects. The funds will seek to invest in operating assets, rather than becoming involved in the development cycle.
The VCTs have already invested in five UK projects eligible for the FIT (Feed In Tariff) tax regime, including three ground-mounted solar projects, a small wind generation project and a rooftop solar project. Other investments are already in the pipeline.
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