The project, which is already under construction, is expected to be connected by March 2014.
With an investment of about £30m, the project will be built in Pembrokeshire, Wales and will form part of Quercus Renewable Energy Fund II, which is managed by Quercus Assets Selection.
By the end of 2014, the company plans to build and operate a portfolio of around 20 photovoltaic plants in England and Wales, with an expected investment value of about £350m.
Quercus Asset Selection founding partner Simone Borla said the company has concluded the transaction with a high standing counterpart such as Good Energy.
"It has been a long negotiation, followed by a thorough due diligence process and in the end we achieved the acquisition of the project in time with an aim to build the plant by the 31st of March 2014 and be eligible for the current incentive scheme in force," Borla added.
