Specialist
Wind Turbine Finance
For buying and refinancing wind turbines, equipment, parts and installations
For buying and refinancing wind turbines, equipment, parts and installations
Wind turbine finance is a tailored financial solution that enables businesses, landowners, and communities to invest in renewable energy projects involving wind turbines without the burden of substantial upfront costs.
Given the rising demand for sustainable power generation and the UK's commitment to achieving net-zero emissions by 2050, wind turbines have emerged as a critical component of the nation's energy infrastructure. However, the capital required for these projects can be substantial, often ranging from £500,000 to £5,000,000 or more, depending on the size and scale of the installation.
At Clifton Private Finance, we specialise in facilitating wind turbine finance options that allow the cost to be spread over a manageable timeframe, typically spanning 5 to 20 years. This approach empowers our clients to harness the latest in wind energy technology, contributing to a greener future while generating long-term revenue streams and benefiting from various government incentives.
When it comes to financing wind turbine projects, Clifton Private Finance offers two primary financial arrangements: hire purchase agreements and leasing options. Both are designed to align with different requirements and preferences of our clients, whether they are commercial enterprises, landowners, or community groups.
The process of securing finance for wind turbine projects is streamlined and customer-centric, mirroring the approach taken for other types of asset finance. Clients seeking to invest in wind energy must first identify a suitable location and obtain the necessary planning permissions and grid connection agreements. Following this, engaging with a finance broker like Clifton Private Finance is the next step. Our role is pivotal in canvassing the financial landscape to procure the most favourable terms for our clients.
Wind turbines are a critical component of the UK's renewable energy strategy, harnessing the power of wind to generate clean electricity. The UK market offers a variety of wind turbine models and configurations, each designed to meet specific requirements and site conditions.
Horizontal Axis Wind Turbines: These are the most common type of wind turbines, featuring a rotor with blades that spin around a horizontal axis. They can be further categorised into:
Vertical Axis Wind Turbines: Instead of a horizontal axis, these turbines have blades that rotate around a vertical axis. While less common, they can be advantageous in certain urban or small-scale installations.
When installing a wind turbine, several factors need to be considered:
Several leading wind turbine manufacturers operate in the UK market, offering a range of models suitable for different applications:
Wind turbine finance offers a range of advantages for businesses, landowners, and communities looking to invest in renewable energy generation:
While wind turbine finance offers numerous benefits, there are some considerations to bear in mind:
The amount you can finance typically covers up to 100% of the cost of the wind turbine and associated installation costs. Factors influencing the amount include the project's size, your credit history, income, and chosen finance option. A deposit or personal guarantee might be required.
Approval times can vary, ranging from a few weeks to several months, based on the lender, finance type, and application complexity. Delays may occur if there are issues with credit history or for larger finance amounts, as well as due to the need for planning permissions and grid connection agreements.
To be eligible, you must be a UK resident over 18 with a valid bank account. A good credit score, stable income, and a solid business plan are also necessary. Documentation for identity, address, income, and business ownership may be required, as well as proof of planning permissions and grid connection agreements.
Yes, you can settle your finance early. However, it's essential to check if there are any early repayment fees or penalties involved.
Most finance options allow you to include the costs associated with establishing a grid connection as part of the total amount financed, ensuring a seamless integration with the local electricity network.
Depending on your finance agreement, you may have the option to upgrade your wind turbine. This can be beneficial as technology advances or if your energy needs change.
No, your monthly payments are fixed at the start of the agreement and are unaffected by inflation or interest rate rises, allowing for accurate budgeting.
In need of wind turbine finance & leasing?
We can help you:
And when we've established the best type of finance for you, we will:
Call our team on 0203 900 4322 to discuss your requirements or book an appointment.
I approached Clifton Private Finance to help me get a mortgage as an Expat working in the Far East. I would normally 'cut out the middle man' on something like this and try to get myself a deal directly with the banks, but I am now sold on the broker concept and wouldn't hesitate to use Clifton Private Finance again. There were a number of complicating factors such as being an expat, the stamp duty holiday, the sheer amount I wanted to borrow and the fact I wanted it all wrapped up before the Stamp Duty holiday ended. It is clear to me now that the relationship that brokers have managed to foster with their banks means they can simply pull levers and make stuff happen that us ordinary folk cannot. Put simply, they are worth every penny, will take most of the stress out of the lending process, and seem to have access to deals that you just won't find on the internet. Thank you George and Jan for all your hard work!
James M
Luther was excellent. Very clear in his advice and explanations of products and was able to move things on very quickly when we ran into difficulties with the estate agents. Without a doubt I would recommend Luther to all friends, family and colleagues. Luther was a joy to deal with and took a lot of the stress out of a troublesome transaction, from my end. I would view Luther as real asset to Clifton Private Finance Ltd.
William W
The team at Clifton Private Finance has been outstanding, not only in helping me to obtain a mortgage on a slightly unusual home, but also in continuing to provide support and liaise with the lender and solicitors through to completion. Thank you for making the process of buying my first home much easier.
Chantelle S
Sam O'Neill, and the new lender he identified for me, worked tirelessly together using my time constraints, to make sure my mortgage application was completed on time. They are a brilliant company to work with, fast, efficient, open and transparent from the very beginning, and turned a seemingly impossible situation into a viable one. Sam was brilliant throughout the whole process and I would highly recommend him, and his colleague Helen, to anyone without hesitation, I cannot speak highly enough about them.
Myr B
I was incredibly lucky to find Clifton Private Finance after a search on line as their service has been more than exemplary. My point of contact was Sam 0’Neill and he was happy to help at every stage during the application of the bridging loan, making a stressful process much easier to deal with. He was always available by phone or email and gave prompt answers to queries I had as well as always getting back to me when he said he would. That to me is excellent customer service and I cannot thank him personally or the company enough for the support they have given me.
C Jefferey
Adam cannot thank you enough for all your support throughout this arrangement. You have gone more than the extra mile to support us. Without you we would not have got our dream retirement home. You have been most professional and personable. Liz and I would be more than happy if you wanted to use us a reference with respect to any future clients.
Nigel & Liz K - Bristol
You have certainly shown me that you do everything for your clients, including tolerating their excessive emails and questions for updates. I have been kept in the loop, from yourself, about why the delays were occurring (Nationwide, post etc) which I would like to highlight that I really appreciated. I certainly will be able to recommend you to others as and when the need arises.
Mr Morris
I recently contacted Clifton Private Finance after a Google search for bridging finance providers and was immediately struck by their efficiency and support. Forms were emailed over almost immediately and the necessary finance was arranged within a few days. None of the other companies I contacted came close to their professionalism, and the quote that I eventually received was impressive. Thank you Adam, your help has enabled us to reserve the house that we wanted and I certainly recommend you to others.
Mr M. R. - Oxford
Absolutely brilliant. The service was first class, got everything sorted efficiently and were always friendly. Any fees were negligible compared to the service offered. Robert was particularly outstanding.
Charles N
My advisor, Robert, was very helpful in finding the mortgage to suit me. He kept me up to date throughout the process and dealt with any issues when they arose.
Rowena C
