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Anesco secures Lombard project financing across three renewable energy sites

Renewable energy company Anesco has successfully secured project financing with Lombard to support the development and operation of three UK sites currently at different stages of delivery.
Woodwalton solar farm. Courtesy of Anesco.
Woodwalton solar farm. Courtesy of Anesco.

The three sites are Woodwalton, a 21MWp solar farm in Cambridgeshire that is fully operational and generating clean energy; Rothienorman, a 50 MW/100 MWh Battery Energy Storage System (BESS) in Scotland, now in the final stages of construction ahead of commissioning; and Coven, a 48.5MWp solar farm in Staffordshire that recently achieved financial close, enabling the next phase of its development.

“The successful completion of this financing across projects at different stages of their lifecycle demonstrates the strength of our delivery, our pipeline, and our partnership” said Anesco CEO, Hildagarde McCarville. “We are pleased to be working with Lombard to move forward with these projects, which will contribute to the UK’s energy transition and energy security, while creating long-term value for our stakeholders."

For Lombard, the investment highlights its role in financing infrastructure that accelerates energy security and decarbonisation.

“We are pleased to support Anesco with financing across this portfolio of renewable energy assets, spanning both solar generation and battery storage” added Tom Bosson, Head of Renewable Energy Lending for Lombard. “The Woodwalton, Rothienorman and Coven projects demonstrate the scale and variety of infrastructure supporting the UK's energy transition. By working with experienced developers such as Anesco, we can help bring forward investment in renewable energy and storage technologies that are expected to play an important role in supporting a more resilient energy system and the UK's pathway to net-zero.”

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