Aviva Investors and Next PLC support green transition with photovoltaic panel installation

(London) – Aviva Investors, the global asset management business of Aviva plc (Aviva) today announces the completion of a £3 million photovoltaic panel (PVs) installation at Next PLC’s Distribution Centre, South Elmsall, Yorkshire.

lynix park solar panel render

The solar project will facilitate a renewable energy supply for on-site consumption by Next and help advance Aviva Investors’ net zero commitments. The project involves the installation of a 2,400 kWp system which is expected to generate over 2,100,000 kWh of clean energy each year and offset an estimated 447,300 kg of carbon dioxide (CO2) per year. To enable the installation of the solar on one of the Highbay buildings,14,000m2 of membrane roof was fully refurbished,

The Aviva Investors Lime Property Fund acquired the three Next distribution centres located in South Elmsall, West Yorkshire in a sale and leaseback deal in May 2020.

Next works with Lynx Group, which provides a comprehensive portfolio of energy efficient, electrical, sustainable, construction and project management services.

Kris McPhail, Fund Manager, at Aviva Investors, commented:

“We are pleased to report the completion of the solar PV installation at Next’s distribution site.  This project showcases our commitment to renewable and clean energy solutions in alignment with our net-zero strategy. Financing clean energy initiatives not only provides effective engagement with tenants on net zero initiatives, but also further enhances the environmental resilience of the asset and provides stable and tangible financial returns.”

Darren Walsh, Managing Director, Lynx commented:

“We are once again delighted to have supported Next with the delivery of this landmark project, it clearly demonstrates their ongoing Net Zero ambition.”

For more information contact:

James Morgan

Media Relations Manager

Steve Ainger

Head of Media Relations

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Issued by Aviva Investors Global Services Limited, registered in England No. 1151805. Registered Office: 80 Fenchurch Street, London, EC3M 4AE. Authorised and regulated by the Financial Conduct Authority.

Aviva Investors

Aviva Investors is the global asset management business of Aviva plc. The business delivers investment management solutions, services and client-driven performance to clients worldwide. Aviva Investors operates in 14 countries in Asia Pacific, Europe, North America and the United Kingdom with assets under management of £268 billion in assets under management as at 31 December 2021.

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Aviva Investors Global Services Limited
80 Fenchurch Street, London, EC3M 4AE

Phone     +44 (0)20 7809 6000

Fax          +44 (0)20 7489 7940

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Issued by Aviva Investors Global Services Limited, registered in England No. 1151805. 
Registered Office: 80 Fenchurch Street, London, EC3M 4AE. Authorised and regulated by the Financial Conduct Authority and a member of the Investment Association.

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