The investment positions Bute Energy to potentially become the UK’s largest independent renewable energy producer by 2030. Green GEN Cymru is focused on establishing a network to deliver clean energy to households and businesses across Wales. These efforts align with the Welsh Government’s goal to source 100% of its annual electricity needs from renewables by 2035.
Bute Energy’s developments are expected to fulfill 25% of Wales’ renewable energy target, while also contributing up to 18% of the UK Government’s aim to double onshore wind capacity by 2030. The Welsh Government seeks at least 1.5GW of renewable energy to be locally owned by 2035, retaining economic benefits within the region.
This agreement follows significant achievements for both companies. Green GEN Cymru obtained its Independent Distribution Network Operator license from Ofgem in July. Bute Energy’s Twyn Hywel Energy Park in Caerphilly received approval from the Welsh Government in November.
Nischal Agarwal, a partner at CIP, stated: "CIP’s investment in Bute Energy and Green Gen Cymru reflects our confidence in the Welsh renewable sector to deliver much needed infrastructure to Welsh homes and businesses, to play a full role in meeting national renewable energy targets, and to realise the economic, employment, and community benefits of transitioning our energy systems to a more secure and sustainable footing."
Stuart George, managing director of Bute Energy, remarked: "We’re incredibly proud of our partnership with Copenhagen Infrastructure Partners and the opportunities this investment will provide to businesses and communities across Wales. We’re at the forefront of Wales’ mission to power the nation with clean energy, creating jobs, boosting the Welsh supply chain and providing transformational opportunities for local people."
Daryn Lucas, managing director of Green GEN Cymru, added: "Enhancing Wales’ grid infrastructure is critical for this investment and for unlocking Wales’ energy potential. Green GEN Cymru is helping Wales to confront the climate emergency and generate growth. The capacity our projects will add to the grid will enable new community and renewable energy projects, help electrify our heating and transport systems, and support new businesses."
Bute Energy anticipates a productive 2025, with 10 energy parks in the planning stages. The company aims to have six projects submitted for decision by the Cabinet Secretary by the summer of 2025, potentially adding 1GW of capacity—enough to power 1 million homes. Green GEN Cymru is advancing over 200km of new grid infrastructure, currently at various consenting stages, to support both UK and Welsh renewable energy objectives.
