About Renewables

Renewables Worldwide

Despite the bottoming out of fossil fuel prices, the renewables sector continues to flourish. In 2015 global clean energy investment hit an all-time high of $329 billion and more than 120 gigawatts of new capacity was added to global supply. The world is now adding more power capacity from renewables every year than that of oil, coal and natural gas combined.

Wind Power in the UK

Onshore wind developments are a key component of the UK’s renewables objective. High average wind speeds mean that the UK has some of the best conditions in Europe for wind power. Falling costs and strong demand mean that onshore wind is now one of the cheapest sources of home-grown power in the UK.
Today, renewables are attracting increasing numbers of investors seeking access to the energy market but wary of the continued uncertainty around fossil fuels and nuclear power.

The UK Feed-In Tariffs Scheme

The UK Government is bound by a European Union agreement to generate 15% of its energy requirements from renewable energy sources by 2020.
To help achieve this, incentive systems have been put in place to encourage investment in low-carbon electricity-generation projects. One example is the Feed-In Tariffs (‘FIT’) scheme, introduced in 2010 by the Department of Energy & Climate Change. The scheme guarantees smaller-scale sites payment for power they generate.

While the FIT regime is being phased out, the sites being funded by this Bond have been pre-accredited. As long as they are up and running within the timeframes noted in the turbines section, they will be entitled to the FIT rate for the full 20 years.

Twin Revenue Streams

Our wind developments will benefit from two sources of income:

• A ‘generation tariff’, payable per unit of electricity produced;
• Selling the electricity generated back to the national grid, at either a set ‘export tariff’ rate or the often higher market rate.

Both tariffs are guaranteed by the UK Government for 20 years and linked to the Retail Price Index. This security allows us to structure our investment offering as a high-yield opportunity.