ESCo & Funding Options

Specialist expertise in financing renewables

Perpetual Energy can offer asset and project finance for renewable energy technologies in the private and public sectors. Our financing scope encompasses wind, combined heat and power (CHP), solar photovoltaic (PV), anaerobic digestion and hydro technologies.

We can also structure Energy Service Companies (ESCo) and power purchase agreements. This involves Perpetual Energy owning the asset(s) and supplying the energy for a fixed period of time, at a fixed price (or clearly defined scale of charges) per kWh. Local Government initiatives* which would fall into this category include district heating schemes such as biomass boiler/CHP plant providing energy to a group of premises.

Other local government initiatives which can be provided under an ESCo or Power Purchase Agreement include the provision of renewable energy to a number of schools in a region. These projects can incorporate any renewable energy technology, tailored to the school. The terms of the energy contract are similarly tailored to the school but grouped into a single contract at local authority level.

This type of project is not confined to the public sector and Perpetual Energy can provide similar managed renewable energy contracts to businesses.

Due to the complexities of these arrangements, contracts need to have a minimum value of £10m for Perpetual Energy to consider.

Please contact us for more information.

 

*According to BERR (The Department for Business, Enterprise & Regulatory Reforms Energy) the next wave of funding under the Low Carbon Buildings Programme Stream 2A specifically favours district heating schemes.