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BBIP acquires over 20MW solar assets from Anesco

Adrian Pike green wallFORWEBAnesco has announced the sale of solar assets with a combined generation capacity of over 20MW to BBIP (Balfour Beatty Infrastructure Partners LP).

The fund has acquired three further solar PV sites based in Radstock and Culm Head in Somerset and Codford St Mary in Wiltshire.

The sites will be managed by Anesco through its comprehensive monitoring and maintenance service AnescoMeter, as part of a 20 year agreement. The service ensures the panels continue to generate at their optimal capacity, with any issues quickly rectified.

The asset management of all three sites, including all accounts, will also be handled by Anesco as part of the agreement.

Adrian Pike, CEO of Anesco, commented: “We’re delighted to have switched on another three solar farms for BBIP, which makes a total of six that they have purchased from us. Our strategy to develop sites in the winter months and build them in summer/autumn has paid dividends due to the unforeseen weather conditions in the UK”.

This agreement is the second time BBIP has acquired operational UK solar projects from Anesco. In March 2013 the group made its first investment, which included purchasing three sites with a combined capacity of almost 20MW from Anesco. The latest sale sees BBIP making its 10th acquisition of ground mounted operational UK solar assets.

Rob Gregor, managing partner for BBIP, commented: “We are pleased to deliver on our stated strategy for this investment company of building out a diversified, operating and defensive portfolio asset for the BBIP fund.”

Anesco works with business, local authorities, housing associations and homeowners looking to reduce their carbon emissions. The company has been named the UK’s fastest growing private company and is recognised and as one of the top 100 cleantech companies in the world.

Anesco team ‘masters’ in energy efficiency

Sign for websiteTwo energy efficiency experts from Anesco have taken their skills to new levels after qualifying for a masters degree in renewable energy technology and sustainability.

Victor Gutierrez and Matthew McIlwaine studied for a year to gain the qualification at the University of Reading. They will now use their knowledge to help enhance Anesco’s innovative ESCO model, which provides organisations to improve their energy efficiency without the need for upfront capital.

Reading-based Anesco works with business, local authorities, housing associations and homeowners looking to reduce their carbon emissions.

Victor, an energy efficiency analyst, and business development manager Matt are responsible for developing investment grade audit proposals. They coordinate energy audits and analyse energy modelling of client portfolios, to identify areas where savings may be made through renewable energy.

Victor commented: “I’m thrilled to have gained my masters and at Anesco I feel my qualifications can actually make a difference. It’s great being part of the ESCO team and contributing to a model that has the potential to help thousands of people, while at the same time creating a low carbon future.”

Anesco’s multi-site, multi-measure, shared saving ESCO model begins by looking at current energy usage before assessing which combination of efficiency measures could be installed to bring the greatest benefit. The model is popular with clients, ranging from local authorities and housing associations to leisure groups.

Adrian Pike, CEO of Anesco, said: “Victor and Matt have done really well. As a company we value dedication and ambition and the ongoing training and development of all our employees is really important to us. We’re very proud to have achieved Investors in People gold standard in our first round of assessment and continue to focus on recruiting and developing our highly skilled team.”