INVEST RAISE ABOUT INSTITUTIONAL arrow_back BACK Investment manager Downing exits two hydro projects following a total of £20m investment in the sector Tom Williams 13 January 2020 Investment manager Downing LLP today announces the sale of Nightjar Sustainable Power Limited and Guillemot Green Energy Limited, the final exits by its EIS funds from a series of seven hydro investments based in Scotland. These seven projects are now fully operational, all having been built on time and to budget. Each exit was in line with the original investment case, a successful conclusion to over six years’ work. Tom Williams, Head of Energy and Infrastructure at Downing, a commented: “We’re extremely pleased to have completed the last in this series of successful exits. The energy sector is a key focus for Downing and we’re delighted to have achieved the target returns for our investors. More about the hydro projects The projects are located in Inverness-shire, Argyll and Perthshire, Scotland. All the sites are ‘run-of-the-river’ hydroelectricity projects, taking water from the river only to the extent that a minimum water flow can be sustained. The seven hydro stations have capacity to generate up to 8MW of renewable energy between them. If you have any follow-ups or would like to speak to a member of the Downing team, please contact Pamela Morris, PR Director at the lang cat, on 07712 515 503 / pamela@langcatfinancial.com Downing Home Our story The team News & views Responsible investing Careers Contact us Invest Bonds EIS Estate planning Downing Fund Managers VCT Existing investor Investor centre Institutional Institutional investors Infrastructure asset management Raise Development Capital Energy Healthcare Leisure Property Wholesale Finance Ventures Ventures home About ventures Portfolio Ventures team Ventures careers Legal & support Privacy & cookie policy Information Security Policy Statement Terms and conditions Terms of business Inducement disclosure FAQs Pillar III Modern slavery statement Fraud prevention Complaints Social Twitter LinkedIn Downing LLP does not provide advice or make personal recommendations and investors are strongly urged to seek independent advice before investing. Investments offered on this website carry a higher risk than many other types of investment and prospective investors should be aware that capital is at risk and the value of their investment may go down as well as up. Any investment should only be made on the basis of the relevant product literature and your attention is drawn to the risk, fees and taxation factors contained therein. Tax treatment depends on individual circumstances of each investor and may be subject to change in the future. Past performance is not a reliable indicator of future performance. Downing LLP is authorised and regulated by the Financial Conduct Authority (Firm Reference Number 545025). Registered in England No. OC341575. Registered Office: St Magnus House, 3 Lower Thames Street, London EC3R 6HD. VAT Number: 112 940 149 We use cookies to ensure that we give you the best experience on our website. Click here for more information. DISMISS