Standard content for Members only
To continue reading this article, please login to your Utility Week account, Start 14 day trial or Become a member.
If your organisation already has a corporate membership and you haven’t activated it simply follow the register link below. Check here.
An independent venture capital investor is to invest £1.4 million to provide commercial landlords with solar photovoltaic (PV) solutions in Northern Ireland.
Albion Ventures has invested the money into ISIS Renewables (‘ISIS’), a commercial solar panel management company, which currently manages £40 million worth of operational solar assets for investors.
Erin Solar’s projects benefit from Renewables Obligation Certificates (ROCs).
Marco Yu, Investment Manager at Albion Ventures said: “For Albion, this represents a first step in what we hope will be a growing partnership with ISIS.
“We were immediately attracted to the depth of experience at ISIS as well as their passion for driving forward the green economy in the UK. For our investors, Erin Solar is well placed to generate long term, stable returns that are inflation-protected due to a higher ROC banding in Northern Ireland.”
Please login or Register to leave a comment.