# RWE acquires JBM Solar with 6.1 GW pipeline in UK

RWE acquired JBM Solar, a UK-based solar and battery storage developer, adding a pipeline of over 6 GW (3.8 GW solar, 2.3 GW battery storage) to its portfolio. The first projects are expected operational by end of 2024.

- Type: Acquisition
- Announced: 2023-03-06
- Where: England, southern regions, United Kingdom
- Status: announced
- Capacity: 6.1 GW pipeline (3.8 GW solar, 2.3 GW battery storage)
- Products: solar power, battery storage
- Sectors: [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [RWE](https://endata.com/companies/6731.md) (acquirer)
- [JBM Solar](https://endata.com/companies/68951.md) (target)
- [Susgen](https://endata.com/companies/68952.md) (investor)

## Sources

- [mercomcapital.com](https://mercomcapital.com/rwe-acquires-solar-and-battery-storage-company-jbm-solar/), 2023-03-06: "RWE, a German power generation company, has acquired JBM Solar, an independent solar and battery storage developer based in the UK."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.