A company funding and operating UK renewable energy projects
- A pure play investment in small to mid-size renewable energy projects focused on the UK
- Strong investment performance, long track record in owning and operating renewable energy projects
- Positive contribution to tackling climate change, combined with attractive financial returns
- Dedicated and highly experienced investment management team
Our operational portfolio includes nine renewable energy projects (wind farms and hydro) with a total capacity of 43.3MW producing enough clean, green renewable energy for the equivalent of over 26,620 homes. We are also currently constructing a further 8.2MW wind farm which will be operational by the end of 2013.
Haverigg II in Cumbria is a joint venture between Triodos Renewables and The Wind Company (UK). The site has a total capacity of 2.4MW, and one of the four turbines is owned by Baywind Energy Cooperative.
The Beochlich project is located in one of the best areas for small-scale hydroelectric power generation in Scotland. Beochlich Burn runs into the south-east side of Loch Awe in Argyll, West Scotland, before falling some 250 metres to the loch shore, draining water from a high plateau. The 1MW hydro project, built in 1998, involved building a six-metre high dam to create a new storage reservoir, which feeds water through two turbines.
Ness Point is at England's most easterly point in Lowestoft, Suffolk. On the site of a former gas works, its turbine 'Gulliver' is a popular addition to the town's industrial landscape. With a tip height of 126 metres, it has a capacity of 2.75MW.
Caton Moor wind farm is in an upland area of the Forest of Bowland, northern Lancashire, just east of Morecombe Bay. It was one of the earliest commercial wind farms, coming into service in 1994. In 2005, after repowering the site by replacing 10 older turbines with eight modern, more efficient ones, Caton Moor achieved a total site capacity of 16MW. Triodos Renewables acquired the wind farm as part of the purchase of Hainsford Group Limited in 2006.
Sigurd is a single wind turbine project at Burgar Hill in the Orkney Islands. Commissioned in 2001, the turbine is on one of the windiest onshore sites in Europe and has a capacity of 1.3MW. The Group acquired this wind farm as part of the purchase of Hainsford Group Limited in 2006.
The 9.2MW Wern Ddu wind farm was acquired in October 2009. Wern Ddu is located between Gwyddelwern and Ruthin, North Wales at the eastern edge of Strategic Search Area A, one of seven areas identified by the Welsh Assembly Government as being suited to developement of this kind. The site commenced generation in March 2010 and has been constantly delivering since. It has potential to provide renewable electricity to 5,000 homes, enough to power the nearby market town of Ruthin.
Triodos Renewables acquired the consented Kessingland project in May 2010. The two turbine site commenced generation in June 2011 and has a capacity of 4.1MW, providing up to 3,000 homes with renewable energy. The site is located on the Suffolk coast on the grounds of Africa Alive, a wildlife park, providing a good opportunity for demonstration and education activities.
Triodos Renewables acquired the Dunfermline project in March 2011 from Wind Direct Limited. This is a merchant project with consent to build a 1.5 MW turbine on a brownfield industrial site in Dunfermline in south-east Scotland. Under the merchant arrangement, the industrial user of the site will purchase part of the renewable energy generated from the turbine.
Triodos Renewables acquired the Eye wind turbine project in March 2012 from Wind Direct Limited. The project is now operational, with the two 2.5MW wind turbines supplying green electricity direct to the host business on this brownfield site in Suffolk.
Projects under construction
Triodos Renewables acquired the Avonmouth wind turbine project in September 2012 from Wessex Water Limited. This brownfield site has planning permission for four turbines. The project is now under construction with energisation planned for winter 2013. Once operational, the four 2.05MW wind turbines will supply green electricity direct to the grid and is Triodos Renewables’ first project to be located in the South West.
Investment in development stage projects
Triodos Renewables has negotiated terms for acquiring interests in several projects at pre-construction stages over the next 24 months. Investment in development-stage projects is expected to continue in this way for a further three years. With good relationships with other developers, the Board believes Triodos Renewables will be offered – and be in a position to acquire – a portfolio of good quality generating projects.