we have the funding solutions to create your legacy

We recognise that the legacy you want is unique to you and your circumstances. For example your desired outcome may be eliminating fuel poverty for your tenants, protecting your bottom line results, enhancing your brand, boosting your green credentials or improving your operational efficiency. We will invest the time upfront to understand exactly what legacy you want and then we will fund it and build it for you. For further information please contact us.

Buy Back

Buy Back

buy back

Do you own an existing solar PV installation?

Egnida have access to a unique funding stream that can allow you to release “equity” you have already invested installing domestic or commercial solar PV.

how does it work?

Egnida will, subject to survey and limited due diligence, directly buy back your existing solar PV installation(s) from you releasing cash instantly and totally un-encumbered.

You continue to benefit from free energy generated by the solar PV installation(s). Egnida will assume responsibility for the future maintenance and operation of the installation(s) in question and be entitled to receive future Feed In Tariff and Export payments.

The buy back price will depend on, amongst other things, the system size, current performance and the date the installation was registered to claim Feed in Tariffs.

example 1

500 social housing properties with 5 year old 4kW domestic solar PV installations. Egnida would buy back the systems for a total of £5,000,000 cash on day 1. The tenant would benefit from free electricity of c.£7,500 over the next 20 years, totalling £3,750,000 across the 500 properties. 

example 2

50 commercial properties with 5 year old 30kW commercial solar PV installations. Egnida would buy back the systems for c.£60,000 each, a total of £3,000,000 cash on day 1. The owner/building occupier would benefit from free electricity of c.£75,000 per building over the next 20 years, totalling £3,750,000 across the 50 properties.

key features….

  • Immediate un-encumbered cash
  • Free energy
  • Free monitoring & maintenance
  • Retain green credentials

Capital Contribution

Capital Contribution

capital contribution

Our unique capital contribution model is designed for organisations who want to install solar PV on their buildings/properties to achieve energy savings or to take tenants out of fuel poverty for example, but who need an experienced partner to make the proposition a reality for them by overcoming key obstacles such as funding gaps, unrecovered VAT, lack of technical expertise, development and operational risks, procurement issues etc.

how does it work?

Egnida will, subject to credit checking and contract and totally at our risk, survey, design, part fund, install and connect, solar PV on your suitable buildings/properties.

Subject to you making a capital contribution to the cost of the installations, the occupiers of the buildings/properties concerned receive 100% of the electricity generated for free, with Egnida receiving the Feed In Tariffs and Export and taking full responsibility for the operation and maintenance of the installations.

Unlike other common funding models in the market, such as “rent a roof” and  “PPAs”, our capital contribution solution does not create a property interest, which means it does not require consent from any mortgage provider, and it does not contain onerous penalty clauses if the agreement needs to be terminated for genuine unforeseen reasons.

Furthermore, our agreement has been structured in such a way as to avoid the requirement for an onerous lengthy and costly procurement process, which makes it particularly attractive to the public sector and registered social landlords for example. Finally, from a financial reporting perspective, our agreement is totally “off balance sheet”.

example 1

Egnida install a 3kW solar PV system on 100 residential properties with the landlord contributing c.£1,800 per property, a total of c.£180,000. Each tenant would benefit from free electricity of c.£6,500 over the next 20 years, a total of c.£650,000.

example 2

Egnida install a 30kW solar PV system on 10 residential care homes with the owner contributing c.£12,500 per property, a total of c.£125,000, but benefiting from free electricity totalling c.£700,000 over the next 20 years at today’s prices.

key features….

  • Long term sustainable energy savings
  • Improved energy efficiency ratings on properties
  • No development risk
  • Free operation & maintenance
  • Avoids onerous procurement
  • No property interest means no mortgage providers consent required
  • Fair termination clauses
  • VAT efficient
  • “Off balance sheet” financing arrangement
  • Boosts your green credentials

Shared Benefit

Shared Benefit

shared benefit

If you own your own commercial building(s) and want the financial and environmental benefits that accrue from the installation of solar PV but are not able to commit to the capital investment required to fund the installation(s), then our unique shared benefit funded solution may be the answer.

how does it work?

Egnida will, subject to credit checking and contract and totally at our risk, survey, design, fund, install and connect, solar PV on your suitable building(s).

The benefits accruing from the installations, which comprise RPI linked Feed In Tariffs and Export together with Energy Savings, are then shared between us for the next 20 years on a pre-agreed basis, with Egnida taking full responsibility for the operation and maintenance of the installation(s) to maximise the returns for both parties.

Unlike other common funding models in the market, such as “rent a roof” and  “PPAs”, our shared benefit solution does not create a property interest, which means it does not require consent from any mortgage provider, and it does not contain onerous penalty clauses if the agreement needs to be terminated for genuine unforeseen reasons.

Furthermore, our agreement has been structured in such a way as to avoid the requirement for an onerous lengthy and costly procurement process, which should be attractive to public sector and regulated businesses. Finally, from a financial reporting perspective, our agreement is totally “off balance sheet”.

example

Egnida fund and install a roof-mounted 30kW solar PV system costing c.£25,000 and the customer receives c.£30,000 in shared benefits over the next 20 years.

key features….

  • Creates a 20 year inflation proofed annuity stream
  • No development risk
  • Free operation & maintenance
  • Avoids onerous procurement
  • No property interest means no mortgage providers consent required
  • Fair termination clauses
  • “Off balance sheet” financing arrangement
  • Boosts your green credentials

Funding Multiplier

Funding Multiplier

funding multiplier

Over the years egnida has developed a number of innovative funding solutions to help our customers benefit from the installation of solar PV on their property portfolios, depending on their particular circumstances and what they want to ultimately achieve.

However, in certain situations, these funding solutions do not have to be used discretely but instead can be combined to exponentially increase the amount of solar PV installed on your properties for any given budget.

how does it work?

If you own a portfolio of properties, some of which you have already installed solar PV on in the past, then egnida can, subject to survey and contract, purchase these previously installed systems from you for an upfront payment in cash which is totally unencumbered using our “buy-back solution”.  The “proceeds” can then be used to install additional solar PV installations on some of your remaining properties, thereby increasing solar PV penetration on your portfolio.

However, depending on the size of your portfolio and what you want to achieve, you could exponentially increase the volume of solar PV installations on your property portfolio by channelling the “buy-back” proceeds through our “capital contribution” solution instead.

example 1

An RSL installed 100 4kW solar PV systems some 5 years ago. Egnida purchase these systems from the RSL for c.£800,000 cash upfront. The RSL could then install similar sized solar PV installations on a further 200 properties using these proceeds. Alternatively the RSL could use these buy back proceeds in conjunction with egnida’s capital contribution model to install 4kW solar PV systems on a total of 400 additional properties, with the tenants benefiting from free electricity of c. £2.2M over the next 20 years at today’s prices.

example 2

A Local Authority installed a 30kW solar PV system on a care home some 5 years ago. Egnida purchases this system from the Local Authority for c.£60,000 cash upfront. The Local Authority could then install similar sized solar PV installations on an additional 2 care homes using these proceeds. Alternatively the Local Authority could use these buy back proceeds in conjunction with egnida’s capital contribution model to install 30kW solar PV systems on a further 4 care homes, with the Local Authority benefiting from free electricity of c. £350,000 over the next 20 years at today’s prices.

key features….

  • Potential 400% increase in solar PV installations on customer portfolios
  • Improved energy efficiency ratings on properties
  • No development risk
  • Free operation & maintenance
  • Avoids onerous procurement
  • No property interest means no mortgage providers consent required
  • Fair termination clauses
  • VAT efficient
  • “Off balance sheet” financing arrangement
  • Boosts your green credentials

we have the funding solutions to create your legacy

We recognise that the legacy you want is unique to you and your circumstances. For example your desired outcome may be eliminating fuel poverty for your tenants, protecting your bottom line results, enhancing your brand, boosting your green credentials or improving your operational efficiency. We will invest the time upfront to understand exactly what legacy you want and then we will fund it and build it for you. For further information please contact us.

Buy Back

buy back

Do you own an existing solar PV installation?

Egnida have access to a unique funding stream that can allow you to release “equity” you have already invested installing domestic or commercial solar PV.

how does it work?

Egnida will, subject to survey and limited due diligence, directly buy back your existing solar PV installation(s) from you releasing cash instantly and totally un-encumbered.

You continue to benefit from free energy generated by the solar PV installation(s). Egnida will assume responsibility for the future maintenance and operation of the installation(s) in question and be entitled to receive future Feed In Tariff and Export payments.

The buy back price will depend on, amongst other things, the system size, current performance and the date the installation was registered to claim Feed in Tariffs.

example 1

500 social housing properties with 5 year old 4kW domestic solar PV installations. Egnida would buy back the systems for a total of £5,000,000 cash on day 1. The tenant would benefit from free electricity of c.£7,500 over the next 20 years, totalling £3,750,000 across the 500 properties. 

example 2

50 commercial properties with 5 year old 30kW commercial solar PV installations. Egnida would buy back the systems for c.£60,000 each, a total of £3,000,000 cash on day 1. The owner/building occupier would benefit from free electricity of c.£75,000 per building over the next 20 years, totalling £3,750,000 across the 50 properties.

key features….

  • Immediate un-encumbered cash
  • Free energy
  • Free monitoring & maintenance
  • Retain green credentials
Next
Capital Contribution

capital contribution

Our unique capital contribution model is designed for organisations who want to install solar PV on their buildings/properties to achieve energy savings or to take tenants out of fuel poverty for example, but who need an experienced partner to make the proposition a reality for them by overcoming key obstacles such as funding gaps, unrecovered VAT, lack of technical expertise, development and operational risks, procurement issues etc.

how does it work?

Egnida will, subject to credit checking and contract and totally at our risk, survey, design, part fund, install and connect, solar PV on your suitable buildings/properties.

Subject to you making a capital contribution to the cost of the installations, the occupiers of the buildings/properties concerned receive 100% of the electricity generated for free, with Egnida receiving the Feed In Tariffs and Export and taking full responsibility for the operation and maintenance of the installations.

Unlike other common funding models in the market, such as “rent a roof” and  “PPAs”, our capital contribution solution does not create a property interest, which means it does not require consent from any mortgage provider, and it does not contain onerous penalty clauses if the agreement needs to be terminated for genuine unforeseen reasons.

Furthermore, our agreement has been structured in such a way as to avoid the requirement for an onerous lengthy and costly procurement process, which makes it particularly attractive to the public sector and registered social landlords for example. Finally, from a financial reporting perspective, our agreement is totally “off balance sheet”.

example 1

Egnida install a 3kW solar PV system on 100 residential properties with the landlord contributing c.£1,800 per property, a total of c.£180,000. Each tenant would benefit from free electricity of c.£6,500 over the next 20 years, a total of c.£650,000.

example 2

Egnida install a 30kW solar PV system on 10 residential care homes with the owner contributing c.£12,500 per property, a total of c.£125,000, but benefiting from free electricity totalling c.£700,000 over the next 20 years at today’s prices.

key features….

  • Long term sustainable energy savings
  • Improved energy efficiency ratings on properties
  • No development risk
  • Free operation & maintenance
  • Avoids onerous procurement
  • No property interest means no mortgage providers consent required
  • Fair termination clauses
  • VAT efficient
  • “Off balance sheet” financing arrangement
  • Boosts your green credentials
Next
Shared Benefit

shared benefit

If you own your own commercial building(s) and want the financial and environmental benefits that accrue from the installation of solar PV but are not able to commit to the capital investment required to fund the installation(s), then our unique shared benefit funded solution may be the answer.

how does it work?

Egnida will, subject to credit checking and contract and totally at our risk, survey, design, fund, install and connect, solar PV on your suitable building(s).

The benefits accruing from the installations, which comprise RPI linked Feed In Tariffs and Export together with Energy Savings, are then shared between us for the next 20 years on a pre-agreed basis, with Egnida taking full responsibility for the operation and maintenance of the installation(s) to maximise the returns for both parties.

Unlike other common funding models in the market, such as “rent a roof” and  “PPAs”, our shared benefit solution does not create a property interest, which means it does not require consent from any mortgage provider, and it does not contain onerous penalty clauses if the agreement needs to be terminated for genuine unforeseen reasons.

Furthermore, our agreement has been structured in such a way as to avoid the requirement for an onerous lengthy and costly procurement process, which should be attractive to public sector and regulated businesses. Finally, from a financial reporting perspective, our agreement is totally “off balance sheet”.

example

Egnida fund and install a roof-mounted 30kW solar PV system costing c.£25,000 and the customer receives c.£30,000 in shared benefits over the next 20 years.

key features….

  • Creates a 20 year inflation proofed annuity stream
  • No development risk
  • Free operation & maintenance
  • Avoids onerous procurement
  • No property interest means no mortgage providers consent required
  • Fair termination clauses
  • “Off balance sheet” financing arrangement
  • Boosts your green credentials
Next
Funding Multiplier

funding multiplier

Over the years egnida has developed a number of innovative funding solutions to help our customers benefit from the installation of solar PV on their property portfolios, depending on their particular circumstances and what they want to ultimately achieve.

However, in certain situations, these funding solutions do not have to be used discretely but instead can be combined to exponentially increase the amount of solar PV installed on your properties for any given budget.

how does it work?

If you own a portfolio of properties, some of which you have already installed solar PV on in the past, then egnida can, subject to survey and contract, purchase these previously installed systems from you for an upfront payment in cash which is totally unencumbered using our “buy-back solution”.  The “proceeds” can then be used to install additional solar PV installations on some of your remaining properties, thereby increasing solar PV penetration on your portfolio.

However, depending on the size of your portfolio and what you want to achieve, you could exponentially increase the volume of solar PV installations on your property portfolio by channelling the “buy-back” proceeds through our “capital contribution” solution instead.

example 1

An RSL installed 100 4kW solar PV systems some 5 years ago. Egnida purchase these systems from the RSL for c.£800,000 cash upfront. The RSL could then install similar sized solar PV installations on a further 200 properties using these proceeds. Alternatively the RSL could use these buy back proceeds in conjunction with egnida’s capital contribution model to install 4kW solar PV systems on a total of 400 additional properties, with the tenants benefiting from free electricity of c. £2.2M over the next 20 years at today’s prices.

example 2

A Local Authority installed a 30kW solar PV system on a care home some 5 years ago. Egnida purchases this system from the Local Authority for c.£60,000 cash upfront. The Local Authority could then install similar sized solar PV installations on an additional 2 care homes using these proceeds. Alternatively the Local Authority could use these buy back proceeds in conjunction with egnida’s capital contribution model to install 30kW solar PV systems on a further 4 care homes, with the Local Authority benefiting from free electricity of c. £350,000 over the next 20 years at today’s prices.

key features….

  • Potential 400% increase in solar PV installations on customer portfolios
  • Improved energy efficiency ratings on properties
  • No development risk
  • Free operation & maintenance
  • Avoids onerous procurement
  • No property interest means no mortgage providers consent required
  • Fair termination clauses
  • VAT efficient
  • “Off balance sheet” financing arrangement
  • Boosts your green credentials
Next

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