AlbionVentures

Infinite Energy

Albion Ventures has invested £1.5million in partnership with Welsh based consultancy, Infinite Energy, to fund the development of a single mast, 500kWp Wind Turbine on a brownfield site near Ebbw Vale in Wales.

The investment will create a special purpose vehicle (SPV) which will be owned by Albion Ventures’ funds and Infinite Energy. The site in Wales will benefit from the Feed-in-Tariff regime and is expecting to generate its first electricity in January 2012. The installation is expected to create enough clean energy to power 325 households. Under agreement, most of the energy will be used onsite by a tile manufacturer, offsetting up to 740,000 kgs of CO2 per year.