Resonance announces the completion of four further wind farm investments out of its second wind fund: Resonance British Wind Energy Income II Limited (the “Fund”). The four investments totalled £15.6m and all have an exporting capacity of 500kW each having been de-rated from either 800 or 900kW to benefit from higher FiTs. The four wind farms are Newton of Culvie, North Balnoon, Rattar and Bonerbo. All four assets utilise single Enercon turbines and benefit from 15-year operations and maintenance agreements (EPKs). The £100m Fund still has a further £35m to invest in onshore wind farms in the UK and is actively pursuing further investment opportunities.
Addressing the Energy Transition Funding Gap
Key Takeaways Climate tech start-ups face two critical funding gaps: the Technology Valley of Death (concept to prototype) and the Commercialisation Valley of Death (prototype to market). Late-stage funding for climate tech has significantly declined, with Series C...
