With the UK subject to numerous international carbon reduction and climate change treaties which require a substantial reduction in greenhouse gas emissions over the next 30 years, and increasing the level of its energy needs from renewables, the government has developed a range of tariffs and tax mechanisms to incentivise consumers to switch to cleaner energy sources.These market pressures, in tandem with the falling costs of renewable energy technologies, means that large consumers of energy are looking to invest in energy efficiency in order to reduce overheads.
The specialist knowledge and experience of the Aberla team leaves the business ideally placed to work with large energy consumers, such as commercial retailers, water utility providers and care homes, to help them develop and deploy comprehensive energy strategies.
Aberla secured £2m of additional finance to support its growth ambitions alongside the £500,000 investment from the Northern Powerhouse Investment Fund, with its own investors. The NPIF investment will allow Aberla to expand the team and exploit opportunities in the growing market for commercial solar photovoltaic (PV) systems, battery storage solutions and air source heat pumps which benefit from the UK government’s Renewable Heat Incentive (RHI) scheme.
Could NPIF Maven Equity Finance help fund your growth journey?
If you’re running a business that’s looking to grow, we’d love to hear from you. Feel free to give us a call to find out more about our flexible funding solutions:
0191 731 8595
