Your browser is no longer supported

For the best possible experience using our website we recommend you upgrade to a newer version or another browser.

Your browser appears to have cookies disabled. For the best experience of this website, please enable cookies in your browser

We'll assume we have your consent to use cookies, for example so you won't need to log in each time you visit our site.
Learn more

Renewable company launches with £50m development fund

Belltown has partnered with Alpha Renewables to form Belltown Alpha Renewables, a company which will be managed by Belltown Power and will bring in the resources for project finance.

Belltown Alpha Renewables anticipates funding 100 per cent of the construction costs of projects without the use of any external financing.

Belltown Power is supported by £50m of investment capital which it plans to utilise in building 30MW of operating power across a range of technologies including Wind, Solar PV, Hydro and Biomass heat.

When constructed, Belltown Alpha Renewables assets will power up to 10,000 homes from renewable sources, offsetting over 23,000 tonnes of CO2 emissions.

“The UK is facing an energy shortage in the coming years and renewable energy will be an increasingly important a part of the energy mix,” Belltown Power CEO Michael Kaplan said. 

“No one technology is the solution and, just like the UK as a whole, we plan on building a diversified portfolio of generating assets.”

Have your say

You must sign in to make a comment

Please remember that the submission of any material is governed by our Terms and Conditions and by submitting material you confirm your agreement to these Terms and Conditions. Links may be included in your comments but HTML is not permitted.