The funding solution that has been developed is designed to offer developers value for money from their funding partners.
The company is currently finalising terms in order to find for a construction management partner. The partner will be selected based on its demonstrable track record in project management and their ability to access volume discounting with manufacturers directly.
Capitas Finance is preparing to build in excess of 50 MW of PV this year. A spokesperson told Renewable Energy Focus that no limits had been set on the potential size of Capitas Finances investment through its partnership with its construction management partner and other partners. Likewise, “the timescale of the agreement and total capacity to be installed under it were similarly undefined and dependent on the future FiT revenues and quality projects,” said the spokesperson.
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