Bluefield Solar, an income fund focused on acquiring and managing renewable energy and storage assets predominantly in the UK, acquired two standalone 40 MW battery storage projects from Green Hedge Energy for approximately £4.5 million (~$5.6 million). The projects are located in Derbyshire and Worcestershire. The acquisition signifies the development rights, grid connection costs, and land leasehold for the projects. Both projects have fully consented, and benefited from near-term grid connections, and the construction of the projects is expected to commence in 2022.