Community Owned Renewable Energy LLP (CORE Partners) is a £40m investment programme targeting operational, ground mounted solar farms in England, with the principal objective of turning these into community owned assets, whilst maximising the financial, environmental and social impact within the community.
CORE Partners has £40m of liquid funds to acquire operational ground mounted solar farms in England. CORE Partners will typically acquire a target project and over time sell its interest to the local community in partnership with a community energy group.
We will actively invest in repowering and optimising acquired assets to ensure maximum cashflow surplus to the community. Our approach gives communities the ability to refinance our capital over an achievable timeframe, whilst protecting project vendors from community financing complexity and delays, to deliver best value for all parties.
After our restructuring and optimisation programme completes, we engage and work closely with local community partners to fundraise through a community investment offer which enables the local community to acquire the solar project.
Our involvement with these community assets doesn’t stop at the point of transferring ownership. We aim to deliver in tandem a community upskilling programme to ensure the communities have the skills to maximise the benefits from each project. This will be delivered through a bespoke grant programme accessible to all our project communities.
Core Partners has £40m of liquid funds to acquire solar assets on behalf of the local community.
Once assets are acquired and controlled by CORE Partners, a bespoke investment program will be delivered to repower and optimise the solar assets to maximise the cashflow surpluses.
After the restructuring program is complete, a community investment offer will be launched to enable the local community to acquire the solar project. This will be delivered in tandem with a bespoke community upskilling program.
