What we fund
We support businesses to devise and deliver sustainable transformation through solar PV, EV charging, heat, battery storage and microgrid technologies.
Solar PV
The advantages of solar photovoltaic (PV) technology are numerous, from the environmental benefits they deliver to the greater control they provide to commercial and residential users alike. Converting the sun’s abundant energy into usable electricity can be remarkably efficient in both the short and long run – and our innovative financing options can help mitigate the often-considerable upfront costs involved in installing a new solar PV system.
Our financing initiatives deliver renewable energy generation to businesses of every size, giving you much greater control over your own energy supply.
Solar PV technology offers businesses a huge opportunity – not only to decarbonise energy usage, but also to provide additional layers of resilience and cost control, as well as revenue generation. However, transitioning to a commercial solar PV system can come with considerable upfront costs, along with a risk of technological obsolescence over time.
That’s why we offer long-term financing across all our solar PV solutions over terms of up to 20 years, which include commercial solar PV systems and combined renewable generation and storage systems. Working with industry-leading delivery partners, we enable both B2B and B2B2C applications.
We’re also developing innovative funding solutions to help commercial and social landlords integrate energy efficiency and decarbonisation measures into their portfolios – providing both landlords and tenants with low-carbon energy security.
EV charging
The rapid rise in popularity of electric vehicles (EV) is leading to greater demand for EV charging infrastructure. With a wealth of experience and outstanding networks within the industry, our team is supporting businesses across the UK, from fleet operators to hospitality groups, as they accelerate the transition to clean mobility – and we can help navigate the complexities of selecting, financing and installing the most appropriate EV charging infrastructure.
We appreciate the benefits to any business of transitioning to EVs – and we also understand the challenges. There’s much to consider and many choices to make: from the selection of charging hardware and software to initial installation and ongoing maintenance, from the potential need for grid connection upgrades to the possibility of installing energy generation and storage systems alongside EV charging infrastructure.
If done right, the transition to an EV infrastructure programme should deliver businesses the additional power and flexibility to keep future fleets operational for longer, along with the potential to generate revenue. We bring our extensive EV charging market knowledge to a range of partners offering EV infrastructure to their customers: from energy companies and equipment manufacturers to nationwide installers, and from vehicle leasing companies to charge point operators.
We understand that every business is different, which is why our funding models take into account the total cost of infrastructure implementation. Our financing covers both AC and DC installations, with no restrictions on transaction size. Additionally, we finance not only charger costs but also installation, electrical works, software and maintenance fees, consolidating them into a single monthly payment over terms of, typically, up to seven years. Without minimum or maximum investment requirements, we provide an alternative to upfront capital expenditure, enabling businesses of all sizes to access the benefits of EV technology.
Heat
Carbon-neutral heating systems, encompassing air source heat pumps (ASHPs) and ground source heat pumps (GSHPs), alongside district heating systems, will play a pivotal role in assisting the UK in achieving net zero emissions by 2050. The key challenge is ensuring that these powerful technologies are not just environmentally beneficial but also economically sustainable at a time when heating a building is a huge financial burden for many.
The UK government is targeting the installation of 600,000 ASHPs per year by 2028 as it looks to decarbonise UK housing stock. To achieve this milestone will require significant amounts of finance – the installation of energy-efficient technologies, such as low-carbon heating systems, often demands significant upfront investment. Working alongside our network of partners, we offer innovative financing options that benefit property owners, spanning from commercial sites to social housing.
We work with housing developers, social housing providers, manufacturers, installers, and energy suppliers on innovative funding models that allow both domestic and commercial customers to install low-carbon heating technologies in an economically sustainable way.
Our acquisition of HeatRHIght, an energy efficiency financing company for social housing – gives us a portfolio that represents more than five per cent of all air source heat pumps currently operating in homes managed by registered social landlords in the UK. This acquisition provides us with direct industry insights and real-time knowledge of the product, market, and customers’ needs.
Battery storage
Battery storage technology will prove crucial to the green energy transition, allowing businesses and individuals to store renewable energy and use it or distribute it in the most flexible way possible – ensuring energy security as intermittent generation increases over the coming years with greater wind and solar PV deployment. Like many sustainable energy technologies, battery storage systems offer long-term cost efficiencies but comes with substantial start-up costs – which is where we come in.
The environmental benefits of battery storage systems are profound, and the control and resilience they provide businesses over their energy supply is unmatched in the market today. Our innovative finance products can help deliver this game-changing technology to your business or organisation in a way that best suits your current needs and future ambitions.
We offer long-term financing across all our battery technology solutions, which include commercial battery systems and combined renewable generation and storage setups both in front of- and behind the- meter. With no minimum or maximum size of transaction and terms of up to 20 years, we’re working with industry-leading delivery partners to enable both B2B and B2B2C applications.
We’re ensuring low-carbon energy security for both landlords and tenants by developing innovative funding solutions to help commercial and social landlords integrate energy efficiency and decarbonisation measures into their portfolios.
Microgrid
Major advances in technology are helping to decentralise renewable power – revolutionising the ways we can generate it, store it, use it and optimise it. Microgrid technology is allowing businesses and consumers to increase their energy efficiency while simultaneously reducing carbon emissions and long-term costs – and we’re helping them to make the transition. The interaction of hardware and software is at the heart of microgrid solutions – ensuring optimised and balanced low carbon generation and storage at all times.
Through financing and innovative partnerships, we support businesses exploring decarbonised microgrid solutions for their buildings and sites at any stage of their journey – from metering technology installations that can monitor current usage to solar PV generation, storage solutions and long-term energy management systems. And as the technology evolves, so do we.
