Blackfinch Energy has confirmed that the Bradley 2 Wind Farm in Deuchries, Aberdeenshire, is now providing clean, renewable energy to several of the UK’s most renowned high street names and 5-star hotels. And this is thanks in no small part to the contribution of retail investors.
Blackfinch is an award-winning investment specialist with a heritage dating back over 30 years. The group’s businesses span tax-efficient solutions, multi-asset portfolios, early stage investing, property financing and renewable energy. Blackfinch is an established UN PRI investor, entrusted with over £750 million in assets under management, as of October 2023.
Blackfinch Energy is a leading investor in renewable energy and energy infrastructure projects. Its team oversees and operates power generation company Sedgwick Trading. Sedgwick in turn owns and operates renewable energy sites across the UK, including Northern Ireland.
All the Sedgwick sites are based on ground-mount solar photovoltaics (PV), rooftop solar PV, and onshore wind. This ensures that all electricity generated is from sustainable energy sources.
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Retail investors fund wind farm through tax efficient vehicles
Retail capital, invested through Blackfinch’s Inheritance Tax-efficient solutions, powers The Bradley 2 Wind Farm. It shows how individual investors can contribute to large scale renewable energy projects.
With a 4.7 megawatt (MW) installed capacity, the wind farm will generate 14.5 gigawatt (GW) hours of renewable energy annually. Power generated by Bradley 2 is secured under a 10-year power purchase agreement (PPA) with Lancashire-based BPG Energy. The agreement further solidifies the project’s contribution to a stable, sustainable energy future for British businesses.
“The Bradley 2 Wind Farm demonstrates the three-way synergy between retail investor capital, clean energy infrastructure projects and providing power to the nation’s largest businesses to enable their energy transition. Through vehicles such as the Blackfinch Adapt IHT product, investors gain exposure to asset classes offering fantastic diversification with long-term positive outcomes whilst also benefiting from inheritance tax relief,” said Nick French, Chief Distribution Officer, Blackfinch.
BPG Energy is a licensed supplier of electricity and natural gas providing innovative energy solutions. It guides industrial and commercial customers through the complexities of a restricted the energy market.
BPG’s expertise in flexible contracts, including the integration of all types of renewable energy contracting structures into customer supply positions, has made them a trusted industry leader.
James Hall, Operations Director at BPG Energy added, “Bradley 2 is a prime example of how our innovative approach to non-standard contracting structures and personalised service can help businesses progress towards their net zero goals. We embrace independent generators and craft interesting deals that empower our customers, including many established UK brands, to achieve significant advancements for their sustainable future.”
UK will need private capital investment to reach net zero targets
The UK’s Second National Infrastructure Assessment estimates the UK alone will require £20 to £35 billion of private sector investment per year between 2025 and 2050 to achieve its legally-binding Net Zero by 2050 target.
The milestone project, funded by retail investor capital through Blackfinch Group’s tax-efficient investment products, demonstrates the impact of renewable energy solutions financed by everyday investors. Blackfinch Group says it is dedicated to pioneering projects that not only provide strong returns for investors, but also contribute to the UK’s energy transition.
