C&G Renewables Limited
In 2017 Downing funds invested into Populo Energy Limited, the owner of C&G Renewables Limited, which owns two WTN 250 wind turbines. The project was developed by Arcus Consulting, a leading environmental, planning and engineering consultancy with developments across Europe and Africa. In 2019 ownership of the windfarm was transferred to Nerth Energy Limited (also owned by Downing managed funds).
Wind Technik Nord (“WTN”) supplied the turbines to the project and provides O&M services to the windfarm under a renewed 5-year agreement through to the end of 2023.
Built in Germany, the WTN250 turbine has a global track record, with 99% availability proven over more than two decades of operations. It is suited to areas with medium to high wind resources.
Key facts
Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: Downing, 10 Lower Thames Street, London, EC3R 6AF.