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Renewable Energy

Renewable Energy Finance to accelerate your transition to a more sustainable business

Why invest in Renewable Energy Technologies?

Alongside climate considerations, sustainable and renewable solutions can also create other important benefits.

Becoming self-reliant ​

Energy is business critical. A break in supply or escalating wholesale costs could do untold damage and have long term consequences.

Generating your own supply reduces the risk of downtime and can help alleviate the impact of energy price fluctuations.

Financial

A growing number of organisations are realising that investing in renewable and sustainable energy offers a straightforward route to diversification and managing cashflow. 

Future-ready

All leased buildings in England and Wales require an Energy Performance Certificate (EPC) with Minimum Energy Efficiency Standard (MEES).

Commercial landlords’ premises must have an EPC of no lower than ‘E’.

Investing in energy efficient measures could well prove to be a necessity, not a choice. 

Technologies we fund

Solar photovoltaics (PV)​

Roof-mounted or stand-alone solar PVs capture the sun’s energy using photovoltaic cells which convert the sunlight into electricity. The cells even generate electricity on a cloudy day and can be integrated into other systems such as battery storage.​

Onshore wind

A wind turbine harnesses the power of the wind to generate electricity. The wind turns two or three propeller-like blades around a rotor. This rotor is connected to the main shaft, which spins a generator to create electricity.

Battery storage

Battery storage systems can connect to any method of electrical generation and are charged up by any unused energy. They then store the energy to be used at a later point in time to provide an instant source of power providing a greater level of self-sufficiency.

Combined heat and power (CHP)​

CHP units capture and utilise the heat that comes from the plant’s engine during electricity generation. This means a single fuel source provides both the heat and the electricity for your site making it extremely efficient. 

Biomass boilers

Biomass boilers generate heat by burning different kinds of feedstocks, which may include​ wood chips or pellets from sustainable sources. Installing a biomass boiler could cut both annual ​fuel bills and carbon emissions.​

LED lighting

LED lights are up to 80% more energy efficient than fluorescent or incandescent bulbs. And they also last up to six times longer, which could help reduce maintenance costs and deliver a ​fast and predicable return on investment.

Ground and air source heat pumps​

Ground or air source heat pumps work by extracting heat from earth or the air via a heat exchanger and then circulate this through heating and hot water systems in both commercial or residential properties in a low maintenance manner.

Anaerobic digesters​

Anaerobic digestion uses the methane-rich gas released by decomposing plant and animal materials to generate renewable heat and power. The material that’s left at the end of the process – known as digestate – can often be used as fertilizer.

Other technologies

Lombard is always exploring opportunities to fund sustainable and renewable technologies so talk to us about any other projects you may be considering such as EVs, Charging Infrastructure, Hydrogen Technology, Carbon Capture or other new emerging technologies.

How we can support financing Renewable Energy Assets

Asset Finance is a flexible solution to help your business acquire the assets that will support your climate and sustainability ambitions. You might consider this if you: 

  • have been impacted by rising energy costs, 
  • supply to a customer base that measures their supplier carbon footprint,
  • want to replace existing assets with a more sustainable option or invest in new assets,
  • look to mitigate climate transition risks within your business or want to future-proof your business.

Hire Purchase

Spread the purchase cost of your asset, with the option to own it at the end
  • ​You’ll usually pay an initial deposit, then pay off the asset's full value through monthly payments. Once the final agreed payment is made, you can own the asset
  • Structure payments to fit with your cashflow needs​ with seasonal and other structured repayment profiles available

  • In some circumstances you maybe be able to reduce monthly payments by opting for a final lump sum – a balloon payment

  • Choose between fixed or variable rates, whichever suits you best​

  • Reduce tax payments – It may be possible to offset repayment interest against your business profits and claim back VAT. Allowances and capital grants may also be claimable on your agreement. (Special Rules may apply.)​

Project Financing

Funding to support the financing of stand-alone projects
  • Assets Classes supported included Solar PV, Onshore Wind and Standby Energy systems including Battery Storage 

  • Financing may be provided without recourse to shareholders or wider training groups​

  • Long term financing solutions with repayments structured against cash flow projections​

  • Bespoke facility documentation tailored to the needs of each project​

  • Capability to refinance operational assets or support through construction

Get a quote

If your project is more than £250,000 contact our renewable energy team on sustainability@lombard.co.uk

If your project is less than £250,000 you could get a quick estimate of your repayments for a Fixed Rate Hire Purchase agreement or contact us to discuss your requirements.

Meet our Specialist Team

Stuart Graham

Director, Asset Financing

Stuart has worked within asset finance at Lombard for over 15 years, ​with a wealth of experience and a successful track record of delivering ​asset finance solutions for a variety of Large Commercial and Mid Corporate customers.

Tom Bosson

Director, Project Finance

Tom has over 15 years of asset finance experience across multiple sectors, jurisdictions and asset classes. This includes large corporate &specialist assets transactions and a strong track record in originating and executing complex and structured facilities.

Ryan Fraser

Director, Project Finance

Ryan has over 15 years’ experience covering a range of relationship management roles in Asset Finance at Lombard and Commercial Banking with Royal Bank of Scotland. He has a strong track record of delivering for SME’s and Corporates across a number of sectors and asset classes including energy assets as well as leading relationship management teams.

Who we're working with

Together with our trusted UK partners, we recommend these solutions designed to help cut costs and manage carbon footprint.

Perse

Perse have saved customers over £1 million and 4,000 tonnes of CO2 via free and instantly personalised recommendations from your energy data (address only required).

Ranging from optimising energy procurement, easy tweaks to your everyday operations; plus, identifying which low carbon technologies will work for you.

D-CAT

D-CAT are experts in using satellite technology to help people make better decisions for the climate. They have deployed their technologies around the world, and are now supporting UK businesses to explore their renewable energy generation potential.

Emissis

Emissis is a leading provider of voltage optimisation hardware with more than 20 years’ experience helping businesses cut their energy use and carbon emissions. It’s worked with more than 140 businesses in the last year, lowering average energy consumption by 7.3%. In total, that's:

  • £13,175,000 in reduced energy spend
  • and almost 10,000 tonnes of CO2 saved.

Absolar

Absolar have over 10 years of experience in delivering renewable energy services ranging from assessments, consultancy, to design and installations.

Absolar have surveyed over 35,000 commercial buildings across the UK and helped businesses to reduce energy costs and carbon footprint.