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Qair acquires majority stake in Green Switch Capital to expand UK renewable energy presence

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European renewable energy company Qair has acquired a majority stake in UK-based Green Switch Capital (GSC), a developer specializing in offshore wind, solar, and storage projects. This strategic acquisition aims to bolster Qair’s renewable energy footprint in the UK and position it as a significant player in the nation’s renewable sector.

GSC’s development pipeline exceeds 15 GW, with half of the projects already having grid offers, land leases, and connections. The first project is expected to be operational by 2026.

Since starting operations in the UK in 2022, Qair has secured 2 GW of offshore wind capacity through Scotland’s ScotWind leasing round and is involved in two energy-from-waste projects, along with a significant onshore wind and solar pipeline.

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