Leading renewable energy consultancy and repair supplier, Natural Power, has acted as technical adviser to the specialist various asset supervisor Gresham House for its acquisition of Bumpers solar farm from developer, Anesco.
During the acquisition course of, Natural Power supplied technical due diligence and energy yield evaluation providers.
Silvia Raineri, Solar PV marketing consultant at Natural Power, mentioned: “We are delighted to have been involved in this project supporting Gresham House’s acquisition of one of the first subsidy-free solar plants in the UK. After a number of years of low activity, the UK is back on the global solar map and many subsidy-free projects are expected to be developed, not only supported by Power Purchase Agreements but also fully merchant projects.”
Construction of the asset, which sits throughout the Chiltern Main railway line adjoining to Ilmer Grid substation, close to Thame in Buckinghamshire, is underway. It is predicted to begin producing in March 2020.
Wayne Cranstone, Investment Director, Gresham House New Energy, mentioned: “We were thankful for Natural Power’s professionalism and expertise throughout the process, as an experienced, independent third party. We look forward to working on future projects together.”
Natural Power’s world due diligence workforce supplies providers all through all levels of the transaction cycle, from preliminary threat evaluation and reporting in early transaction levels by to complete reporting for credit-committee or knowledge room presentation at remaining bid stage or monetary shut. Find out extra right here https://www.naturalpower.com/our-services/due-diligence/
About Natural Power
Natural Power is an impartial consultancy and repair supplier that helps a worldwide shopper base within the efficient supply of a variety of renewable tasks together with onshore wind, solar, renewable warmth, energy storage and offshore applied sciences. It has a worldwide attain, using greater than 400 workers throughout 11 worldwide places of work. Its expertise extends throughout all phases of the project lifecycle from preliminary feasibility, by development to operations and all through all levels of the transaction cycle.
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