A primary objective of the Company under the Programme is to acquire and develop income generating wind energy assets and businesses in Northern Ireland to enhance such assets through Repowering.
The Company will use its extensive experience and contacts in the renewable energy sector to enable the Company to identify and acquire renewable energy assets to purchase. The emphasis of the Company’s renewable energy business is on wind farms, although the Company may purchase and develop other renewable assets such as solar farms. The projects will mainly be sited in Northern Ireland.
The Company intends to minimise investment risks to Bondholders by buying mainly renewable energy assets, principally wind turbines, that are already operational, and that have a trading history with an income stream. All Operating Assets and Operating Companies purchased from the proceeds of Issuances will have been credited to the FITS or ROC subsidy schemes and/or will have a revenue history ensuring that acquired Operating Assets will be long term fixed assets, with stable and recurring revenue streams.
2050 Renewables’ Directors are an experienced team of professionals, with backgrounds in finance, renewable energy projects, sales and marketing. While the Company was incorporated on 14th September 2020 the Directors and management team have acquired over 60 years’ combined experience in the renewables sector so we like to think we know a thing or two about renewables.
|Date (document was filed at Companies House)||Type||Description (of the document filed at Companies House)||View / Download (PDF file, link opens in new window)|
|13 Sep 2021||CS01||Confirmation statement made on 13 September 2021 with updates|
|20 May 2021||MR01||Registration of charge SC6740860001, created on 17 May 2021|
|18 May 2021||PSC02||Notification of City Partnership Trustee Limited as a person with significant control on 17 May 2021|
|17 May 2021||PSC07||Cessation of Fraser George Marwick as a person with significant control on 28 January 2021|
|10 Feb 2021||CERT8A||
Commence business and borrow
|10 Feb 2021||SH50||Trading certificate for a public company|
|14 Sep 2020||NEWINC||
Statement of capital on 2020-09-14