Renewable energy company, Anesco, has successfully secured project financing with Lombard to support the development and operation of three UK sites.
The financing covers a portfolio of projects at different stages of delivery: Woodwalton, a 21MWp solar farm in Cambridgeshire that is fully operational and generating clean energy; Rothienorman, a 50MW/100MWh Battery Energy Storage System (BESS) in Scotland, now in the final stages of construction ahead of commissioning; and Coven, a 48.5MWp solar farm in Staffordshire that recently achieved financial close, enabling the next phase of its development.
Anesco CEO, Hildagarde McCarville, said, “The successful completion of this financing across projects at different stages of their lifecycle demonstrates the strength of our delivery, our pipeline, and our partnerships. We are pleased to be working with Lombard to move forward with these projects, which will contribute to the UK’s energy transition and energy security, while creating long-term value for our stakeholders.”
Tom Bosson, Head of Renewable Energy Lending for Lombard said, “We are pleased to support Anesco with financing across this portfolio of renewable energy assets, spanning both solar generation and battery storage. The Woodwalton, Rothienorman and Coven projects demonstrate the scale and variety of infrastructure supporting the UK’s energy transition.
“By working with experienced developers such as Anesco, we can help bring forward investment in renewable energy and storage technologies that are expected to play an important role in supporting a more resilient energy system and the UK’s pathway to net-zero.”
