Debt Advisory Hive Energy

 

TRANSACTION TYPE
Debt advice

VALUE
N/A

SECTOR
Renewable Energy

WEBSITE
hiveenergy.co.uk

 

Argyll Debt Advisory acted for the group in raising debt facilities to support the development of the 14MW solar park. Argyll assisted with negotiations throughout to achieve a successful outcome.

Hive Energy

  • founded in 2010 Hive Energy has since become established as one of the most experienced UK solar developers

  • ranked the country’s 2nd largest solar developer having developed 30 projects nationally and now operates across 7 offices globally

Deal highlights

  • helping to optimise the level of debt support

  • delivering competitive pricing

  • driving the process to its conclusion

Group Finance Director, Roy Naismith, commented:

“As one of the first post-subsidy solar PV projects in the UK with revenues based on market power prices, this funding has been a learning process for all parties. Argyll’s clarity of thought and focus on pushing the parties forward made a significant difference and helped to ensure a successful outcome."

 
Debt AdvisoryLuke DaviesRenewable Energy