Edison Energy

The Business Objective.


Edison Energy was established to deliver the renewable energy requirements of Registered Social Landlords and Local Authorities in Scotland and is now one of the UK’s the market leaders in the design, development and installation of photovoltaic panels The company was originally formed as a joint venture between Emotion Energy Limited and the AB Air Group.

 

Solution


Having originally advised Emotion Energy on the joint venture documentation we have since advised the joint venture company itself on every project it has undertaken.  We have assisted the company in relation to every aspect of these projects including due diligence, funding (the projects were predominantly funded through private equity raised from external investors), and of course all of the project documentation (Installation Agreements, Operation & Maintenance Agreements Leases etc).

 

Outcome


Over the past 12 months the company has completed 3 phases of solar installations on residential properties owned by Knowes Housing Association (318 properties) as well as 50Kw and 16Kw installations for Cruden Group and Clark Contracts. The company has also completed a 2.5MW installation for Berwickshire HA (involving 798 properties) and is advising on the early stages of solar installation projects and properties owned by Fife Council. 

The Team

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