Pathfinder Clean Energy
International development of utility-scale solar and battery storage, with technical advisory services for developers and investors.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | £46.0m | Convertible | |
| Total Funding | 000k | ||
Pathfinder Clean Energy (PACE) is a developer and investor focused on the clean energy sector, with operations spanning the UK, Poland, Spain, and Canada. The company's primary business involves the development of utility-scale solar farms and stand-alone battery energy storage systems (BESS). Its project pipeline includes solar parks of various capacities, such as a 61 MWp project in Canada and multiple projects in the UK and Poland, with some exceeding 50MW.
In addition to its own development pipeline, PACE has a dedicated division, PACE Technical, which provides technical, electrical, and project support services. This division serves both internal projects and third-party developers and investors, creating an additional revenue stream through consultancy and technical support. The business model centers on identifying viable locations, securing land and planning permissions, developing the projects to a construction-ready state, and potentially managing the assets or selling them to larger investors or utility companies. The company actively engages in public consultations and collaborates with local partners to facilitate project approvals and development.
Keywords: solar farm development, battery energy storage, BESS, clean energy, renewable energy investment, project development, technical advisory, utility-scale solar, PACE, energy infrastructure