Burges Salmon, one of the leading law firms in the UK, has advised on two of the projects that were successful in winning awards at the South West Green Energy Awards.
The firm was involved with the construction and financing aspects of the New Earth Solutions project, which was successful in the Best Renewable Energy Scheme category. New Earth Solutions has developed the first commercial-scale advanced conversion technology (ACT) plant in the UK to convert residual waste into gas for electricity generation. The plant utilises a proprietary New Earth technology developed at its R&D facility in Dorset, to produce base load renewable energy 24 hours a day, 7 days a week, without weather related intermittency.
Burges Salmon also worked on the project for Resilient Energy Great Dunkilns, which won the Best Community Initiative category. The project is a 500 kW community scale wind turbine development installed near St Briavels. The model is being replicated around the UK with the aim of keeping at least 70% of gross revenues from each project in the community. As an alternative to traditional bank debt finance, the project raised £1.4 million through a renewable debenture offer via Abundance, the first in the UK.
The South West Green Energy Awards recognise sustainable energy businesses in the region for being the best in their fields. Regen SW has held the annual Awards for the past eight years to celebrate the achievements of individuals, community groups, renewable energy companies, housing developers and local authorities in furthering the development of renewable energy in south west England.
A panel of independent judges chose the winners of the seven award categories, which were announced at a ceremony that took place on Tuesday 26 November at the Assembly Rooms in Bath.
Ross Fairley, head of the Energy team at Burges Salmon, said: “We are particularly pleased to have been involved with these two projects, both of which are deserving winners at the South West Green Energy Awards. We look forward to assisting many more clients on these types of projects in the region, which we hope will be able to enjoy similar recognition and success for their work.”