6 ISSUES FOR JUST £6 Subscribe to Business & Professional Life today CLICK HERE

The future is green with BPE

PUBLISHED: 12:07 03 March 2014 | UPDATED: 12:08 03 March 2014

Tim Williams and Jon Close,from BPE’s Renewables Team

Tim Williams and Jon Close,from BPE’s Renewables Team


Green technology is no longer a niche, high cost source of energy. With increasing pressure on the land and agricultural sectors, renewable energy projects are an attractive option.

The renewables team at BPE work with green energy technology specialists in natural resources including wind, solar, biomass and anaerobic digestion. With new technological breakthroughs emerging all the time, BPE is able to provide strategic advice and risk management, from advising on contract terms, negotiating with lawyers and de-risking a project as much as possible, to putting together financial drivers and bringing deals to the table. With emerging processes and updates to ‘next generation’ technology, it can be difficult to maintain contractual certainty. Not addressing certain factors early can cause expensive and time consuming disputes. The investment fundamentals of solar development are sound – with low technology risk and revenue streams underpinned by legislation. The established generation profile of solar installations coupled with the indexed linked tariffs (and power purchase prices), means that expected revenue is predictable over the lifetime of each project and hedged against inflation.

Generally, low risk technology equals low maintenance costs and trading risk. PV panels have an operating life in excess of 20 years, and once installed require limited maintenance. Once operating, the owner can sell the electricity generated.

The feasibility of any renewable energy project is determined by grid connection and capacity – with network capacity in short supply this needs to be considered at the outset. Roof mounted PV installations generally benefit from lower grid connection cost with agricultural/industrial sites usually benefiting from good on site capacity. Roof mounted installations can be fast tracked as planning permission is not generally required here. Ground mounted PV installations do require planning permission and typically upgrades to the existing grid connection. This can be counterbalanced by the economies resulting from increased scalability and panel “tilt” optimisation.

“Many clients are looking to sell on to an investment or pension fund. We understand what makes a deal investable,” says BPE’s Tim Williams. “In short we look to the end game right at the start.” n

To contact Jon Close or Tim Williams at BPE’s renewables team please call 01242 224433 or visit www.bpe.co.uk


What to look out for:

Solar projects

• Make sure that the procurement route is one that a funder understands. If the contractual structure looks overly complicated, it probably is.

• Ensure the contractual procurement route is fit for what is being achieved. For instance, a solar project in a field may be procured using a more engineering focussed contract than a roof-top installation.

• Have the right team of professionals around you so that you are fully appraised early on as to the project risks

Anaerobic digestion schemes

If you have a constant supply of livestock, you might want to consider an anaerobic digestion scheme where microorganisms break down biodegradable material to produce biogas and a nutrient rich fertiliser.

• What is the scope of the installation? Does it simply involve the installation of the digester or necessary civil engineering works

• Consider the timeline from initial feasibility to health and safety approvals. It will take longer than you think.

• Make sure contracts are rigorous as to what constitutes the digester’s performance and the testing and commissioning criteria before you take responsibility for it.

“Not many legal firms of our size have a dedicated and experienced renewables team,” says BPE’s Jon Close. “We’ve built a reputation for helping de-risk potentially difficult projects.”


This article is from the March 2014 issue of Business & Professional Life


More from Cotswold Life


Harnessing the power of social media, charity awards and dreaming up new projects - it’s all in a day’s work for Gloucestershire children’s charity Pied Piper and its corporate supporters

Read more

The fifth edition of the annual awards will be taking place from 6pm on Thursday, November 16 at the Tree Tops Pavilion, West Midland Safari Park

Read more

“Joining forces with Advanced Insulation brings a significant benefit to Isoremov, the Brazilian insulation market and our potential for future growth.”

Read more

“We are delighted to have achieved another strong set of results in this highly-respected independent guide.”

Read more

An expert from accountancy, investment management and tax group Smith & Williamson is speaking at a major event in Gloucestershire this month which will put the spotlight on the housing crisis

Read more

The Cotswolds’ very own Prince of Wales turns 70 this month, so we looked back on some of the highlights of his life and career, and wondered what birthday pressies we would buy for the man who has the world at his feet

Read more

The Warwickshire town of Alcester is considered one of the best understood Roman settlements in the country. Tracy Spiers digs below the surface to discover its hidden jewels

Read more

Thanks to the impact of ground-breaking comedy This Country, the quiet market town of Northleach has become one of the Cotswolds’ hottest film locations. Katie Jarvis is sent to investigate

Read more

After a new home in the Cotswolds or looking to relocate within the region? We bring you 16 of the best housing developments in the area

Read more

Whether you’re after something for an adults’ stocking filler, a little something while you slave over the turkey dinner or a tipple to enjoy with your festive party guests, we pick 9 drinks from the Cotswolds you need to try this Christmas

Read more
Yesterday, 17:02

From mini Norway spruces to luxury Nordman firs, here are eight of the best places to get a luscious, green tree in the Cotswolds this festive season

Read more
Yesterday, 14:04

The weekend is fast approaching and for those still deciding how to spend their Friday through to Sunday, we pick 5 of the best ways to spend your weekend in the Cotswolds

Read more
Yesterday, 13:06

As a Christmas treat Cotswold Life is pleased to offer one lucky reader the chance to win an array of fantastic prizes in our Christmas Quiz. There is a prize to mark each of the 12 days of Christmas

Read more
Thursday, November 8, 2018

From festive light switch-ons and Santa’s Grottos, to Victorian Christmas Fayres and late-night shopping, we’ve covered what’s on in and around the Cotswolds this season

Read more

Newsletter Sign Up

Sign up to the following newsletters:

Sign up to receive our regular email newsletter

Our Privacy Policy

Topics of Interest

Food and Drink Directory A+ Education

Subscribe or buy a mag today

subscription ad

Local Business Directory

Property Search