Accelerating commercial solar power

We’re helping fund Eden’s growing pipeline, with an ambition to build up to 75MW of new private wire solar projects across the UK.

Industrial and commercial solar experts, Eden Sustainable, asked us to help fund its growing portfolio of private wire projects.

The partnership will see up to 75MW of new rooftop and ground mount solar projects installed on schools, businesses, and other organisations across the UK.

An on-site or ‘direct wire’ project is when a renewable asset like a rooftop solar array is built on a commercial premises, with the host business benefitting from a direct supply of clean electricity. With no upfront capital investment required, businesses will purchase the energy directly from Eden through a long-term Power Purchase Agreement (PPA). Such arrangements help to protect the host business against high energy prices at the same time as supporting the UK’s net zero goals.

The first round of investment will be into 15 schools, including phase 1 of the Oasis Community Learning portfolio, which will save an estimated 8,000 tonnes of carbon emissions and £3 million in total.

Thrive and Eden’s combined experience and ambition will help accelerate the deployment of commercial and industrial solar in support of the UK’s net zero commitments, while the deal has also helped turn us into a niche independent power producer, which is a natural evolution of Eden’s growth strategy.”

Scott Burrows, Director and Co-Founder, Eden Sustainable