Rockfire Capital

Rockfire Capital Ltd.
Founded 2009
Type Privately limited with share capital
Industry Investment Management

Personal finance Alternative finance

Key People Liam Kavanagh, CEO and Founder
Headquarters Southampton, UK
Website https://rockfirecapital.com/

Rockfire Capital is a specialist investment management company, operating throughout Europe, with current assets under management approaching £500m (at September 2016).[1]

The company specialises in asset-backed, structured finance and is an active investor in several sectors, including energy and real estate.[1] Rockfire differs from other investment management companies in that it always invests its own money in any product or project recommended to co-investors.

Company Overview

Rockfire was responsible for the design and management of the first climate bond, launched in the UK in October 2014.[2]

In September 2016, the company bought a 61 megawatt solar farm in Swindon from WELink Energy Investments.[3] It is one of the largest in the UK and supplies enough clean energy to meet the power needs of 15,400 households annually.[4] The solar farm is built on land leased from the Science Museum Group, a non-departmental public body (NDPB), sponsored by the Department for Culture, Media and Sport.[5] The plant has also secured a 15-year power purchase agreement (PPA) with HSBC.[6]

Warrington, Thurrock and Newham Borough Councils have purchased bonds in Swindon Solar Park through Rockfire, making them among the first councils in the UK to invest in clean-tech bonds.[7] In the current low interest rate environment, councils are increasingly looking at alternative investments to drive returns to pay for frontline services.[7]

Key People

Liam Kavanagh is the CEO and Founder of Rockfire Capital.[8]

Regulation

Rockfire Capital is authorised and regulated by the FCA.[9]

References

  1. 1 2 "Council's bright idea to boost income". Warrington Borough Council. 15 September 2016. Retrieved 27 September 2016.
  2. ↑ "First UK solar farm bond oversubscribed". Solar Power Portal. Retrieved 2016-09-27.
  3. ↑ Ltd, Insider Media. "61MW solar farm changes hands". Retrieved 2016-09-27.
  4. ↑ "Rockfire Capital buys 60.9-MW UK solar park - SeeNews Renewables". renewables.seenews.com. Retrieved 2016-09-27.
  5. ↑ "Rockfire Capital acquires 60MW Swindon Solar Park in UK". Power Technology. Retrieved 2016-10-05.
  6. ↑ "Wroughton solar farm changes hands in major takeover deal". Swindon Advertiser. Retrieved 2016-09-27.
  7. 1 2 "Solar farm deal to generate council cash". www.themj.co.uk. Retrieved 2016-09-27.
  8. ↑ "Meet the new crowd taking on the banks | The Times". Retrieved 2016-09-27.
  9. ↑ "Financial Services Register". Financial Services Register. 29 April 2016. Retrieved 27 September 2016.

External links

www.rockfirecapital.com

This article is issued from Wikipedia - version of the 10/12/2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.