Armstrong has secured £22m of long term debt financing for a portfolio of UK ground mounted solar projects with leading global asset manager, Aberdeen Standard Investments. The solar projects, with a combined capacity of 30MWp, form part of the Armstrong-managed Solar Growth group of companies, and the funding will support the expansion of the business as it seeks to take advantage of new opportunities in the UK energy sector. Solar Growth is part of Armstrong’s Estate Planning group of trading companies, offering UK investors Business Property Relief eligible investments in a portfolio of energy trading projects, with a particular focus on UK solar. Solar Growth is targeting to provide shareholders with growth of 6% per annum and regular access to their capital.
“Raising capital from a leading institutional investor, such as Aberdeen Standard Investments, will enable to us to grow our offering of tax efficient investment opportunities available to our clients, who are seeking stable, attractive financial returns alongside a positive environmental impact.”
Steve Mahon, CEO – Armstrong
For further information, including how to invest into Solar Growth, please contact email@example.com
Investments are not suitable for everyone. Therefore, we recommend you seek professional advice before deciding to invest. Capital at risk, please refer to the investment memorandum for each specific opportunity and the respective risk warnings, seeking independent financial, legal and tax advice.