Wedoany.com Report-Oct. 5, Dalmore Capital, a fund manager specializing in long-term infrastructure investments, has acquired a portfolio of river hydropower sites in Scotland from Edge Hydro Investments Limited. The transaction, advised by the law firm TLT, was announced on September 28, 2025, and marks Dalmore’s second major renewable energy acquisition in the past year, following its £44.1 million purchase of nine hydropower sites from Triple Point Energy Transition in January 2025.

The portfolio consists of hydropower sites that provide stable, renewable energy generation, contributing to grid stability by balancing intermittent energy sources. Supported by long-term Feed-in-Tariff subsidies linked to the Retail Price Index, the assets are considered high-yield and low-risk investments, aligning with Dalmore Capital’s focus on sustainable infrastructure for institutional investors.

The TLT team, led by corporate partner Kay Hobbs and supported by associate Joshua Swain, facilitated the deal with contributions from the firm’s Scottish real estate, planning, and banking teams. Kay Hobbs stated: “It was a pleasure to work with Dalmore Capital again as they continue to expand their portfolio of hydropower sites. Dalmore’s experience enabled them to focus on the key issues and to make decisions quickly which really contributed to an efficient process on the buy-side. We’re delighted to have supported them.”

Alistair Ray, chief investment officer at Dalmore Capital, said: “Our second investment in the hydro sector in quick succession demonstrates the value we see in owning these assets; they are high-yielding and low-risk renewable generators, key to delivering a net zero grid mix which can balance grid supply with ever increasing demand of consumers.”

The acquisition strengthens Dalmore Capital’s position in Scotland’s renewable energy sector, supporting the region’s transition to a sustainable energy future. The hydropower sites are expected to enhance local energy reliability while contributing to economic growth through infrastructure development. This move aligns with broader efforts to expand renewable energy capacity and meet increasing consumer demand for clean energy in Scotland.