Low Carbon begins construction of four large-scale solar farms in the Netherlands

22.11.22

The projects are the first to be financed by the renewable energy company’s new multi-bank debt facility, which will enable the construction of 1GW of new solar capacity

Low Carbon, the global renewable energy company, has today announced that construction has begun of four solar farms in the Netherlands. The solar farms will have a combined installed capacity of 53.1MWp from more than 88,000 solar modules. The projects are the first to be financed by the renewable energy investor’s multi-bank debt facility, established in August with NatWest, Lloyds Bank and AIB. In total, the facility is anticipated to create at least 1GW of new renewable energy capacity, with the potential to provide clean, affordable power to more than 360,000 homes and avoid 308,000 tonnes of CO2e.

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Low Carbon announces the appointment of Ed Shelton as Managing Director for Investments in North America

07.11.22

Global renewable energy company expands its team and stake in North America’s energy sector

Low Carbon, the global renewable energy company today announced the appointment of Ed Shelton as Managing Director for Investments in North America. The appointment marks the company’s latest step forward in its expansion into North America, following the appointment of Silicon Valley veteran Ed Colligan as Head of Americas in March, and its landmark partnership with life insurance giant MassMutual last year.

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Redcar Energy Centre proceeds to next stage of BEIS’s industrial carbon capture (ICC) sequencing process

27.09.22

Low Carbon and PMAC Energy are delighted to announce that the Redcar Energy Centre has been shortlisted to proceed to the due diligence stage of the Department for Business, Energy, and Industrial Strategy (BEIS) phase-2 ICC sequencing process.

Redcar Energy Centre (REC) now has the opportunity to be one of the first energy recovery facilities in the world with a carbon capture solution, enhancing the UK’s net zero commitment by 2050 and bringing economic opportunities to the North East. Once complete, the energy centre will also operate as benchmark for other EfW facilities in the UK looking to implement carbon capture.

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Low Carbon partners with Rezolv Energy to deliver one of Europe’s highest capacity wind farms

07.09.22

Low Carbon has announced that it is collaborating with Rezolv Energy, an independent clean energy power producer focused on sustainable power in Central and South Eastern Europe, to deliver a 450MW onshore wind farm in Romania. The deal represents one of the renewable energy investment manager’s largest projects to date by energy output.

The Vis Viva wind farm will be located to the east of the Romanian capital Bucharest and, once operational, it will be one of Europe’s largest onshore wind farms. Rezolv Energy, recently launched by Actis – a leading global investor in sustainable infrastructure – has acquired a 51% stake in the project.

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