Energy is business critical. A break in supply or escalating wholesale costs could do untold damage and have long term consequences.
Generating your own supply reduces the risk of downtime and can help alleviate the impact of energy price fluctuations.
A growing number of organisations are realising that investing in renewable and sustainable energy offers a straightforward route to diversification and managing cashflow.
All leased buildings in England and Wales require an Energy Performance Certificate (EPC) with Minimum Energy Efficiency Standard (MEES).
Commercial landlords’ premises must have an EPC of no lower than ‘E’.
Investing in energy efficient measures could well prove to be a necessity, not a choice.
Roof-mounted or stand-alone solar PVs capture the sun’s energy using photovoltaic cells which convert the sunlight into electricity. The cells even generate electricity on a cloudy day and can be integrated into other systems such as battery storage.
A wind turbine harnesses the power of the wind to generate electricity. The wind turns two or three propeller-like blades around a rotor. This rotor is connected to the main shaft, which spins a generator to create electricity.
Battery storage systems can connect to any method of electrical generation and are charged up by any unused energy. They then store the energy to be used at a later point in time to provide an instant source of power providing a greater level of self-sufficiency.
CHP units capture and utilise the heat that comes from the plant’s engine during electricity generation. This means a single fuel source provides both the heat and the electricity for your site making it extremely efficient.
Biomass boilers generate heat by burning different kinds of feedstocks, which may include wood chips or pellets from sustainable sources. Installing a biomass boiler could cut both annual fuel bills and carbon emissions.
LED lights are up to 80% more energy efficient than fluorescent or incandescent bulbs. And they also last up to six times longer, which could help reduce maintenance costs and deliver a fast and predicable return on investment.
Ground or air source heat pumps work by extracting heat from earth or the air via a heat exchanger and then circulate this through heating and hot water systems in both commercial or residential properties in a low maintenance manner.
Anaerobic digestion uses the methane-rich gas released by decomposing plant and animal materials to generate renewable heat and power. The material that’s left at the end of the process – known as digestate – can often be used as fertilizer.
Lombard is always exploring opportunities to fund sustainable and renewable technologies so talk to us about any other projects you may be considering such as EVs, Charging Infrastructure, Hydrogen Technology, Carbon Capture or other new emerging technologies.
Asset Finance is a flexible solution to help your business acquire the assets that will support your climate and sustainability ambitions. You might consider this if you:
Structure payments to fit with your cashflow needs with seasonal and other structured repayment profiles available
In some circumstances you maybe be able to reduce monthly payments by opting for a final lump sum – a balloon payment
Choose between fixed or variable rates, whichever suits you best
Reduce tax payments – It may be possible to offset repayment interest against your business profits and claim back VAT. Allowances and capital grants may also be claimable on your agreement. (Special Rules may apply.)
Assets Classes supported included Solar PV, Onshore Wind and Standby Energy systems including Battery Storage
Financing may be provided without recourse to shareholders or wider training groups
Long term financing solutions with repayments structured against cash flow projections
Bespoke facility documentation tailored to the needs of each project
Capability to refinance operational assets or support through construction
Asset Finance is provided through NatWest’s subsidiary Lombard and is available to over 18s. Security may be required. Fees may apply. Available to UK customers for business purposes only. Subject to status, eligibility and approval. Finance provided by Lombard North Central PLC. Registered in England & Wales No.337004. Registered Office: 250 Bishopsgate, London, EC2M 4AA. Lombard North Central Plc is authorised and regulated by the Financial Conduct Authority for consumer credit activities.
If your project is more than £250,000 contact our renewable energy team on sustainability@lombard.co.uk
If your project is less than £250,000 you could get a quick estimate of your repayments for a Fixed Rate Hire Purchase agreement or contact us to discuss your requirements.
Stuart has worked within asset finance at Lombard for over 15 years, with a wealth of experience and a successful track record of delivering asset finance solutions for a variety of Large Commercial and Mid Corporate customers.
Tom has over 15 years of asset finance experience across multiple sectors, jurisdictions and asset classes. This includes large corporate &specialist assets transactions and a strong track record in originating and executing complex and structured facilities.
Ryan has over 15 years’ experience covering a range of relationship management roles in Asset Finance at Lombard and Commercial Banking with Royal Bank of Scotland. He has a strong track record of delivering for SME’s and Corporates across a number of sectors and asset classes including energy assets as well as leading relationship management teams.
Perse have saved customers over £1 million and 4,000 tonnes of CO2 via free and instantly personalised recommendations from your energy data (address only required).
Ranging from optimising energy procurement, easy tweaks to your everyday operations; plus, identifying which low carbon technologies will work for you.
D-CAT are experts in using satellite technology to help people make better decisions for the climate. They have deployed their technologies around the world, and are now supporting UK businesses to explore their renewable energy generation potential.
Emissis is a leading provider of voltage optimisation hardware with more than 20 years’ experience helping businesses cut their energy use and carbon emissions. It’s worked with more than 140 businesses in the last year, lowering average energy consumption by 7.3%. In total, that's:
Absolar have over 10 years of experience in delivering renewable energy services ranging from assessments, consultancy, to design and installations.
Absolar have surveyed over 35,000 commercial buildings across the UK and helped businesses to reduce energy costs and carbon footprint.
