Using your own capital to invest in wind energy may be the best option for you and will probably offer the highest rate of return on your investment.
We work with a number of specialist providers of Asset Finance solutions to the renewable energy sector, including Manufacturer Finance. Asset Finance is the method by which most farms or businesses will finance plant, equipment and machinery. Asset Finance is also sometimes referred to as ‘unsecured lending’ and by this we mean that no security is taken over the farm or businesses, just the same as if financing a tractor or a piece of machinery for example. Asset finance packages for renewable projects tend to be in the region of 8.4% APR or 3.9% Flat Rate.
Fully Funded is quickly becoming a popular funding option that allows many businesses to benefit financially from installing a renewable energy option without having any of the associated installation costs. We work with investment companies who offer this option which helps businesses to save money on ever-increasing energy bills by generating their own electricity. The electricity generated is purchased by the business at heavily discounted rates typically 50% less than their utility provider.
Working together, we can share ownership of the project and make sure that it pays off for you. Put up between 20 percent and 50 percent of the project costs and then take the same percentage of the profits - minus your share of the operating and maintenance costs - for the next 20 years. You can collect an ROI of thousands of pounds a year using this model - the amount depends on the size of the project and the Feed-in Tariff and Export Tariff rates it will receive. On top of this, some of the renewable green energy generated from the turbine can also be used to help cut your own bills. This model offers you higher return than the land lease option.
If you own land that can accommodate a wind farm, Enviko can work with you to deliver projects of outstanding quality on your site, and provide you with an interesting additional income for the life time of the wind farm.
Once a wind farm is up and running, livestock and arable farming can continue as normal, right up to the base of each turbine. Sheep, cattle and other livestock will happily graze under turbines, and crop harvesting continues unaffected. The wind farm will provide the landowner with a stable and regular income for 25 years.
Turbine procurement is one of the most important aspects of a wind energy development. Turbines may represent up to 80% of the capital cost of a wind farm and their reliability and long-term power output are crucial to the financial performance of the project.
It is important to secure not only an acceptable price, but also the right guarantees, delivery and performance bonds and specific guarantees on aspects of performance governed by planning conditions, such as noise.
We have long-standing contacts with all the major manufacturers. Acting on behalf of owners, investors and banks, Enviko draws on years of experience to offer a comprehensive array of commercial and management services.
Whether planning, acquiring, operating, re-powering or selling a wind farm, Enviko can offer clients a range of skills and experience – from essential project services such as due diligence, through to adding value by way of project lifetime support.
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