By: greenbank On: May 01, 2015 In: Comments: 0

Albion Community Power builds, controls and operates community-scale renewable projects across the UK. It is one of the largest single sources of equity funding available for projects in the sector. GIB and Strathclyde Pension Fund (SPF) and Greater Manchester Pension Fund (GMPF) committed GB£50 million, GB£10 million and GB£10 million respectively to ACP in 2015. The finance will be used to provide equity funding of between GB£1 million and GB£10 million for a broad range of community-scale renewable construction projects including run-of-river hydro-power, onshore wind on brownfield sites such as industrial estates, and biogas projects including anaerobic digestion and landfill gas.

The pipeline will be built in partnership with project developers such as Infinite Renewables, based in Bridgend, Wales, and Green Highland Renewables, based in Perth, Scotland. ACP’s objective is to create a portfolio of small, decentralised renewable generation projects closer to the sources of demand.

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