HgCapital's portfolio company RidgeWind has acquired equity rights to a pipeline of 90MW wind farms from co-developer Wind Prospects. RidgeWind has also completed the £18m project financing of the Bagmoor Wind Farm.
GP also announced the refinancing of online gardening retailer YouGardem, scoring a 60% cost return
CDP Venture and Tim Ventures take part in the round, alongside Club Digital and Club Italia Investimenti 2
Deal is the second from Bid Equity II, which held a close in November 2019 and targets B2B software
Early-stage investor Italian Angels for Growth and Swiss holding company Brahma also take part in the round