Solar
Multiple 5MWp Solar PV Plants, UK for Abbey Renewables
During 2010 and 2011, Matthew developed several 5MWp ground mounted solar PV farms in the East of England. Following significant development work in 2010, we gained planning consent for 3 schemes, and finally delivered 1 scheme under the original FIT structure, and more recently a further scheme under a reduced tariff. Matthew created development potential though modelling the forecasted returns on the projects, with procurement of EPC and O&M contractors, then sourcing FIT/PPA offers for the investment sale. Matthew also arranged with an equity investor to "purchase" the scheme pre-build, along with securing a significant development fee for the developer.
2no 5MWp Solar PV Farms, East of England
Following a fall-out of funding routes for ground mounted solar PV schemes in the UK with the UK Government intervention in 2011, Matthew arranged for an alternative investment company to purchase 2no 5MWp solar PV sites in the east of England. This included providing an investment prospectus, management of investor dialogue and negotiating heads of terms. Both projects have now been built and commissioned under the original FIT levels.
US Solar Expansion for UK Developer
In 2016 - 2017, Matthew developed the expansion of over 50MWp of Solar PV developments in Maryland, United States. The pipeline was expanded for a UK Solar developer looking to diversify their portfolio. Matthew secured out-take offers for several schemes when they reach Notice to Proceed. He also developed a network of debt funders, investors and advisors interested to deliver the schemes into operation.
Gas Peaker Plants
Repowering of 8MW Gas Peaker Plant
Matthew led the business planning, financial modelling, fund raising, EPC, O&M, off take contract dialogue and land purchase agreements for a 8MW reciprocating gas engine project which repowered an existing building with grid connections. Financial Close with an Institutional Investor was met in December 2016 with construction during 2017.
"Behind the Meter" Gas Peaker Finance
Working with a leading energy developer to diversify from Solar into other Energy Sectors, Matthew developed a business model and raised a £4.5m facility for providing "behind the meter" gas generator plants via a fully funded PPA solution.
Thurrock 20MW Gas Peaker Capacity Market Plant
Thurrock Gas peaker plant scheme is a new build 20MW reciprocating gas engine project designed to be connected to the natural gas grid to produce electricity in line with peak power price periods and the Capacity Market obligations. The scheme gained planning consent in July 2016, and successfully secured a T-4 Capacity Market Contract in 2016. In 2017 the project rights were sold to an investment fund who will build, own and operate the plant.
Grid Balancing and Energy Storage
Ellough Grid Balancing / Frequency Response 18.4MW Powerplant
The development of a new 18.4MW Biofuel generator powerplant located in Ellough, Suffolk, which is designed to provide Firm Frequency Response services to National Grid. The project gained planning consent in December 2015.
Oldham 20MW Gas and Energy Storage Plant
Oldham Gas peaker plant scheme is a new build 20MW reciprocating gas engine plant combined with 20MW of Battery Energy Storage infrastructure. The scheme gained planning consent in August 2016, and successfully secured a T-4 Capacity Market Contract in 2016 for the Gas Peaker Plant. In 2017 the project rights were sold to an investment fund who will build, own and operate the plant.
Wind
Board Observer for Wind Technology
Board Observer on behalf of Larkfleet Group responsible for oversight of their investment into a very exciting new Renewable Energy Technology that is being developed in "Stealth" mode. The technology is currently field trialling their system with successful energy production performance in 2 locations in the UK. The Larkfleet Group are working with the technology business to develop the technology into a commercialised position in order to start roll-out into the UK providing grid parity powerplants as part of the Larkfleet Group portfolio of offerings.