Pollock Associates applied to Newark and Sherwood District Council for planning permission for a 79m to tip 500kW turbine to the south of the village of Wigsley. Consent was granted and the turbine has been constructed and operational since June 2015. Income is now being generated under the Feed in Tariff regime.
When Burton Wold Windfarm was built it was the largest windfarm in England. With ten 2MW (megawatt) turbines it produces enough power to meet the demands of the 10,000 new homes being built in Kettering Borough.
Josh Pollock was appointed by the landowners when they were first approached by a developer in 2001. Having negotiated terms for an option and lease of the turbine sites, Josh oversaw the implementation of these documents, and looked after the Beaty family’s interests through the planning and construction phases of the scheme, ranging from wayleave negotiations for additional cable rights, and crop loss claims, up to last minute renegotiation of the lease terms of this £20m project.
Pollocks Associates then advised on an extension scheme to give a 70% increase in the capacity of the wind farm. Giving advice on the corporate structure for the extension scheme, the professional advisors to use the property rights for the neighbouring land ownerships and the disposal of the project which has now been creating a total of 34MW installed.
A rural estate, considering replacing the heating system in the main house, has asked Pollock Associates to look at the alternatives. Rather than just replace the house boiler Pollock Associates has advised the estate to consider setting up an ESCO to supply heat to all their properties and neighbours in the estate village. By selling the heat from a biomass boiler at comparable prices to the alternative fuel source oil, the estate can become the main energy supplier to the village. This creates a useful income stream for the estate, a reliable market for the estate timber and additional willow coppice crops and adds to the appeal of the let properties through their “green credentials”. Furthermore, by structuring the Energy Supply Company correctly the estate can roll over gains from elsewhere, take advantage of 100% first year allowances and offset income through an EIS vehicle making the economics increasingly attractive.