The Fund has formed Clean Power Properties (“CPP”) to invest in brownfield sites for renewable energy projects.
The platform is operated by RLand Energy Ltd (“RLand”). The three principles of RLand have over 80 years’ combined experience in both the renewable energy industry and in gaining planning consents.
CPP is targeting around 40 projects on 22 sites across the UK. The majority of the projects will have an electrical output of 5-20MW predominantly through either ATT (‘Advanced Thermal Treatment’), or AD (‘Anaerobic Digestion’). Where sites have strong wind-speeds, planning permission for a small-scale (330-500kW) wind project may also be sought.
With the government introduction of financial incentives such as Renewables Obligation Certificates (ROCs) and Feed-in-Tariffs (FITs), awarded to renewable energy projects, the main barrier to entry for potential developers is achieving planning consent. Therefore with an experienced team, this is an opportunity to exploit the demand for consented sites across the UK.
Silverstone is a Joint Venture managed by Pluto Finance to launch a mezzanine finance platform providing funding to residential developments across London and the South-East.
Acquisition of a high end residential site in London