Downing, the investment firm, has successfully concluded an investment to acquire land and associated lease income linked to a 200MW operational wind farm situated in the picturesque Scottish Highlands. This move reflects Downing's dedication to renewable energy investments and underscores its commitment to supporting UK charitable institutions.
The investment was facilitated through Downing Sustainable Investment, a tailored platform designed to provide UK charitable organizations with exposure to stable, long-term cashflows tied to inflation, derived from core renewable energy assets. This strategic initiative allows Downing to collaborate with charities and offer them access to renewable energy investments that not only yield financial returns but also contribute to a broader positive environmental impact.
See also: Downing LLP appoints Karl Smith as Partner in Energy & Infrastructure Team
Sean Moore, Investment Director at Downing, emphasized the firm's extensive experience in the renewable energy sector. He noted, “This latest acquisition underlines our commitment to investing across the renewable energy sector. Downing has long-standing experience in investing in renewable energy assets, and our in-house investment and asset management expertise was key to making this investment possible.”
Tom Phillips, Head of Institutional Business Development at Downing, highlighted the appeal of long-term investments in core renewables for charities seeking returns from an asset class that aligns with the UK's journey toward achieving net-zero emissions. He also revealed the firm's plans to introduce similar investment vehicles tailored for other UK charities, foundations, and endowments that share a commitment to this objective.
