BVP presents a unique investment opportunity to finance a portfolio of renewable energy generation assets located in Ireland.
The Company, BVP New Energy Finance Ltd. will establish two separate Special Purpose Companies (“SPCs”) through which the above investments will be made.
For the first investment, the funds raised from investors will be used to fund the acquisition of a c. 3MW operating wind farm. Income is earned from the generation of electricity for sale to the National Grid via power purchase agreement (PPA). Investors will subscribe for Preference Shares.
The second investment will fund a biomass powered c. 1.3MW CHP plant. Income is earned from the generation of electricity for sale to the National Grid via PPA and the sale of heat to a large industrial company located beside the plant. The investment will be by way of interest only loan note.
Investors’ exposure will only ever be to the individual Project SPC in which they are investing.