17 March 2026 – Capital Dynamics, the global private asset management firm, has acquired a solar photovoltaic (PV) project in the UK from BayWa r.e. The investment adds to Capital Dynamics’ growing solar PV portfolio in the UK, as the firm invests in the energy infrastructure that is essential to the UK’s energy security and climate targets.
The project, located in Hampshire, is due to commence construction in 2027 and will target an installed capacity of 63MWp. The project will be supported by an AR7 Contracts for Difference (CfD) offtake agreement and is expected to achieve commercial operation by 2028.
Commenting on the acquisition, Barney Coles, Senior Managing Director and Co-Head of Clean Energy at Capital Dynamics said: “The UK remains one of our core markets for investment, underpinned by strong fundamentals. We continue to see sustained momentum for the wider energy transition at a time when more investment is needed to meet the UK’s dual energy security and climate goals.”
Sarah Drummond, Director of Commercial, Risk & Project Delivery at BayWa r.e. UK & Ireland, said: "We are pleased to conclude our third UK solar project sale with Capital Dynamics. Fleet Solar Farm demonstrates the strength of our development capabilities and highlights the quality of the projects in our pipeline. We are delighted to have secured a CfD contract in AR7, which further enhances the project's long-term value. We are proud to see the project move into its next phase and look forward to advancing our wider solar, wind and BESS pipeline across the UK and Ireland."
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About Capital Dynamics
Capital Dynamics is an independent global asset management firm focusing on private assets, including private equity (primaries, secondaries and direct investments) and clean energy.
Established in 1988, the Firm has extensive knowledge and experience developing solutions tailored to meet the exacting needs of a diverse and global client base of institutional and private wealth investors. Capital Dynamics oversees more than USD 15 billion in assets under management and advisement[1], and employs approximately 150 professionals[2] globally across 13 offices in Europe, North America, and Asia.
Capital Dynamics is a recognized industry leader in responsible investment, receiving top marks (Five Stars) from PRI across all categories and investment strategies, as well as in GRESB benchmarking for its clean energy strategy.
For more information, please visit: www.capdyn.com
[1] As of December 31, 2025. Assets under Management are calculated based on the total commitments as of the final closing date for all funds currently managed by Capital Dynamics, including amounts that have been distributed. Assets under Advisement includes assets for which Capital Dynamics provides services such as reporting, monitoring and risk management.
[2] Includes all full-time and part-time employees, as well as essential functions performed by temporary staff and long-term consultants