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Renewable Energy Developer Builds Closer Relations with the City

published: 2012-06-20 15:34

TGC Renewables, an independent renewable energy project developer, has announced that it will open a London office.

With renewable energy projects seeing an increase in interest from the investment community and the City, a London office provides TGC Renewables with a base from which to work with private equity, banks and pension funds directly. This will be in addition to their existing offices in Bristol and Glasgow and also their regional development teams.

Rob Denman, Director, TGC Renewables commented: “As renewables must be part of the future of the UK power market and with TGC's ongoing solar and wind developments, the business is opening a London office.”

 “Many organisations discuss project pipelines whereas we develop them. We have the strongest pipeline of future projects in the market, including 10MW of solar in operation and construction, the UK’s largest solar park at just under 8MWs in planning and a pipeline of large scale solar projects for connection through 2012 and 2013.

These premises will assist us in staying connected to the activities of government as we look to work with them on developing a route to solar grid parity. It will also enable us to maintain close contact with our current and future financial partners, including the international banks and equity providers operating in the cleantech sector.”

Our projects have been proven to be bankable and by developing closer relations to the finance partners we work with will enable us to continue to lead the sector on developing the UK’s renewables infrastructure”.

This office will also support our continued work on developing the commercial wind sector where we have led the market – with almost 100 turbines in development’.

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