Start-up Support

Investment Support

Company Management

Asset Management

a testimonial from alistair macpherson - plymouth energy community

Start-up, feasibility and development

  • Local energy enterprise set-up (including company formation, governance, director mentoring and admin set-up)
  • Business planning and exploring new business models, including smart energy technologies and local supply
  • Community and stakeholder engagement strategies
  • Site searching including technical and financial feasibility assessments
  • Project development (including planning, landowner/host engagement and legal agreements, grid connection and procurement)

CfR has worked with over 20 local energy enterprises since it was set up in 2012 on projects ranging from solar panels on schools roofs to large-scale community wind and solar projects. Our experience includes:

  • Worked with Plymouth Energy Community to set up PEC Renewables and the development and financing of over £2.5million of community-owned roof-top solar PV installations
  • Worked with PEC Renewables (Plymouth) to develop the 4.1MW Ernsettle community solar project on brown field land, including provision of development funding from CfR’s development fund
  • Procurement of EPC contractor for construction of the 4.2MW Gawcott Fields Community solar project (Bucks)
  • Helped Wadebridge Energy Company develop a community solar farm with a direct connection to a South West Water treatment plant
  • Worked with 7 local energy enterprises to identify and develop community solar (both roof-top and ground mounted) projects with funding from the Rural and Urban Community Energy Funds
  • Advising a South West local authority on feasibility and business model options for community energy generation on Council-owned land and provided mentoring support to the officer team to help them manage the development of a MW-scale community solar project in-house
  • Advising the South West Devon Community Energy Partnership on local energy business models and working with 6 member groups to identify potential sites for community hydro, wind and solar PV projects
Gawcott Fields' hardworking men
Wadebridge Energy Company
Your community could be generating its own renewable energy
Selsey Works receives grant from Ferry Farm Community Solar

Raising investment

Strategic advice and transaction management for:

  • Community share/bond offers
  • Short-term construction finance
  • Long-term loan finance from banks and social investment funds
  • ‘Buying back’ renewable energy projects from commercial developers into local community ownership
  • Grant investment

CfR has helped raise:

  • Over £5million in community share/bond investment
  • Nearly £35million in loan and commercial investment
  • Over £300,000 of grant funding

Examples include:

  • Plymouth Energy Community (PEC Renewables) – CfR provided strategic advice and transaction management support to help raise nearly £2.5million in community share investment and £4million in loan finance to fund 2MWp of roof-top PV on schools and community buildings in Plymouth and the 4.1MWp Ernsettle community solar farm
  • Gawcott Fields Community Solar CIC (Buckingham) – CfR managed the construction and financing of the 4.1MWp community solar project with construction finance provided by the EPC contractor and long-term finance provided provided by a community bond offer (raising over £400,000) and £3.8million in loan finance from Santander Bank and Social and Sustainable Capital
  • Burnham and Weston Energy CIC – CfR managed the purchase of the 9.3MWp Wick Farm solar project into local community ownership with the acquisition funded by a short-term loan from Leapfrog Finance and long-term finance provided by a £7.4million loan from Triodos Bank and a community bond offer seeking to raise up to £4million (2/3rds of which is under-written)

Company and Asset Management

  • Asset management
  • Performance monitoring
  • Director mentoring, board support and strategic advice
  • Company admin including revenue admin, book-keeping and annual accounts
  • Loan administration, compliance and reporting
  • Community share/bondholder administration, relations and reporting
  • Company secretary duties including annual returns and regulator reporting
  • Regulatory compliance support
  • Local stakeholder communications support
  • Online presence (website and social media) management
  • Regular market research to optimise revenue streams
  • Social impact reporting
  • Providing company / asset management services for 20MW of community solar
  • Loan compliance administration for a range of commercial and social investors
  • Developed and managed energy and fuel poverty advice programs and community grant funds in partnership with  local non-profits and charities
Children learn about the electricity generated on their school rooftop
Plymouth Energy Community at Ernesettle Solar Farm
Ferry Farm gives grants to local community groups
Celebrating Community Energy

Strategic consultancy

  • Local energy economy assessments
  • Future energy business models
  • Shared-ownership
  • Community energy strategies for social landlords, local authorities, public sector bodies and businesses
  • Worked with RegenSW to develop the evidence base for the Smart Cornwall European investment programme in smart energy technologies and local energy markets
  • Helped commercial wind and solar developers to develop and implement community shared ownership strategies
  • Worked with a Midlands-based social landlord to develop a business model for a smart energy services company
  • Provided training workshops on community energy business planning, finance raising and company administration
  • Advised the South West Devon Community Energy Partnership on local energy business models
  • Advised a South West local authority on feasibility and business model options for community energy generation on Council-owned land

We have supported over 30 community energy enterprises, local authorities and social landlords around the UK.

avalon community energy logo
ferry farm community solar logo
the converging world
bude energy community logo
nadder community energy logo
gawcott fields community solar project logo
tamar energy community
fratton big local
wadebridge renewable energy network logo
sid energy logo
accord housing
yealm community energy logo
Print
top