Solar Income & Growth was established in 2014 to develop and acquire a portfolio of UK solar rooftop installations.
The portfolio consists of over 2,500 installations spread widely across the UK with a total capacity of 13MW:
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Solar Income & Growth is based in central London and has an experienced board of renewable technology professionals who oversee the governance strategy of the Company.
The assets are managed by Armstrong Capital Management, a renewable power developer and asset manager with experience of managing over 350MWp of UK solar since 2013.
Background to the solar business:
Solar Power assets have long-term, predictable cashflows and a low, fixed-cost base.
Our assets all benefit from guaranteed Feed in Tariff (FiT) and export subsidies. The FiT scheme is a government programme designed to promote the uptake of renewable and low-carbon electricity generation technologies.
Attractions of the solar business sector
Investments in this sector are underpinned by long-term contracts and tangible assets.
Our assets all benefit from guaranteed Feed in Tariff (FiT) and export subsidies that provide long-term, stable and predictable RPI-adjusted revenue. The portfolio is thus specifically attractive as FiT scheme is now closed, meaning that new solar projects built in the UK will not benefit from these subsidy payments.
Proven technology with demonstrable track record of stable, predictable returns.