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Merger to promote renewable energy
12:30pm Monday 29th April 2013 in Business news
A MALTON solicitors has joined forces with property agents and planners to help farmers benefit from renewable technologies.
Spectrum Solicitors has set up a new venture, The Future Energy Partnership (FEP), to secure and assemble sites for wind, solar, biomass or other renewable technologies for developers and investors.
The new venture would carry out feasibility studies and planning applications for the landowner for free, and then lease the site to a renewables developer.
Spectrum Solicitors will be promoting the business model at the Leeds Ecofair and the All Energy 2013 Conference in Aberdeen, where instead of handing out free pens or keyrings, the business will give away trees, in association with charity Eforests which will plant a tree for everyone who signs up at Meanwood Valley Urban Farm in Leeds.
Laura Rafferty-Trow, of Spectrum, said: “We believe our business model is very radical and different from others in the renewables sector.
“We are taking all of the financial risk, developing sites with no financial input from the landlord. We invest our time and expertise to add value to the site, making renewable technologies accessible without a capital investment.”
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