Downing LLP acquires 200MW wind farm in Scottish Highlands for charity

Downing LLP acquires 200MW wind farm in Scottish Highlands for charity

RESPONSIBLE investment manager Downing LLP has announced that it has successfully concluded an investment to acquire the land and associated lease income related to a c.200MW operational onshore wind farm in the Scottish Highlands.

This investment was made by a bespoke investment vehicle that Downing created for the UK charity, the Human Capability Foundation (HCF), and will provide exposure to stable, long-term, inflation-linked cashflows that are derived from core renewable energy assets.

Downing is able to work with charities to provide access to renewable energy investments that can deliver a broader positive environmental impact, as well as an ongoing income stream that can be used to support a charity’s day-to-day objectives.

Tom Williams, Partner and Head of Energy & Infrastructure, Downing, said:

“This latest acquisition underlines our commitment to investing across the renewable energy sector. Downing has long-standing experience in investing in renewable energy assets and our in-house investment and asset management expertise was key to making this investment possible.”

Tom Phillips, Head of Institutional Business Development, Downing, said:

“Long-term investments into core renewables can be a great fit for charities who are seeking to generate a return from an asset class that supports the UK’s journey to net zero. We plan to launch similar investment vehicles for other UK charities, foundations and endowments that share this objective.”

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