AMP Clean Energy and Eden Sustainable launch subsidy-free solar partnership

Eden Sustainable has announced a new funding partnership with distributed energy
company AMP Clean Energy to develop and finance solar projects in a post-subsidy
environment.
The organisations already have a 30MW pipeline (15MW of it advanced),
representing around a £10 million investment including SME’s, academies, Industrial
and Provident Societies and listed companies.

The first deals announced under the partnership include the installation of a 190kW
PV array supplying electricity to a FMCG business, 200kW across a multi academy
trust, both in the North of England; and the acquisition of a suite of existing
installations totalling 240kW, supplying electricity to an electrical wholesaler in
Gloucestershire.

Eden Sustainable and AMP Clean Energy are now looking for channel partners,
such as solar installers, property managers and equipment manufacturers, who
know of possible sites to join them. The partnership can fully fund a solar PV
installation on the right sites, delivering substantial savings on electricity bills to the
customer, future proofing for up to 25 years.

Scott Burrows, Managing Director of Eden Sustainable Ltd, said: “We’re delighted
that AMP Clean Energy has become our strategic funding partner and are looking
forward to supercharging solar PPA deals in the new post-subsidy world. We’re
urging anyone with PPA opportunities to come and talk to us about how we can work
together.”

Richard Burrell, Chief Executive Officer of AMP Clean Energy, said: “We are very
excited to be entering the post-subsidy solar industry with Eden Sustainable, an
experienced and credible player in this market. As a developer and investor of low
carbon projects, expanding into the solar market is a natural progression which
provides a wider breadth to our renewables portfolio.”

 

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