Armstrong is pleased to announce that its managed solar businesses, Solar Growth Limited and Solar Income and Growth Limited, are to form a central part of a newly launched estate planning service from award-winning VCT manager, Beringea.
Solar Growth Limited, a company managed by Armstrong Capital, and Ecotricity have entered into a long-term agreement to supply and purchase Renewable Obligation Certificates (ROCs) from a portfolio of operational solar projects over a 15-year period.
ReNew ELP, an Armstrong-backed EIS company, has been awarded a £4.42m grant from Innovate UK, the UK’s innovation agency.
Armstrong-managed Solar Growth Limited has completed the acquisition of 39 commercial rooftop solar systems developed by Eden Sustainable Group, with a total capacity of 3,000 KWp. The solar systems all have long-term energy sale agreements linked to the leases and, in most cases, also receive subsidy income under the Feed-in Tariff system.
Armstrong’s affiliate, Mura Technology Limited (“Mura”), is pleased to announce it has received an investment from igus GmbH (“igus”), a leading manufacturer of plastic components. The investment will support the global deployment of Mura’s chemical recycling technology.