Amberside Advisors supporting bidders for Bristol City Leap project

October 2023

Bristol City Leap is an innovative partnership between Bristol City Council and Ameresco Ltd which will accelerate green energy investment in Bristol and help towards decarbonising the whole city.

Over the next five years, Bristol City Leap will invest nearly £500 million into low carbon energy infrastructure, such as solar, wind, heat networks, heat pumps and energy efficiency measures.

Project details

Client:

Vattenfall UK

Sector:

Energy Transition

Subsector:

Heat Networks

Service:

Commercial advisory, Transaction Modelling

Amberside Advisors has previously supported a bidder for the proposed city heat networks, and has been appointed in particular to provide financial projections and modelling of the four core city heat networks and four further extension projects. As part of the project, we have built a highly complex proposal with eight separate heat networks covering different parts of the city all reflected with separate build out profiles and pulled into an overarching TopCo model to reflect the ownership structure. Two projects were in the build out phase and partially operational with others more future facing.

Our team, which includes the former Commercial Lead for one of the shortlisted bid consortiums, is now supporting the winning bidder - Vattenfall, with both operational modelling for Bristol Heat Networks Limited and submitting successful public sector grant applications for schemes, such as the Green Heat Network Fund (GHNF) and the Heat Network Efficiency Scheme (HNES).

Back to projects >

Contact an expert

Amberside Advisors

Projects

Our latest projects

View all >

Enhancing solar asset management with a planning model and scenario analytics

Our client has acquired a majority stake in a UK-based solar portfolio with two sub-portfolios and was in the planning stage for further asset acquisitions in the sector. As part of the onboarding exercise, they were looking to commission a planning model for asset management and KPI purposes. Having worked previously with Amberside Advisors on other renewable assets, the client knew we were best placed to build them a dedicated model that would help them quickly understand the value of the portfolio.

View project >

FDD support for Merseyside Waste PFI/Wilton Energy from Waste acquisition

We are delighted to announce that we have advised Semperian PPP Investment Partners on the acquisition of a stake in Merseyside Energy Recovery Holding Limited from I-Environment Investments Ltd.

View project >

Amberside Advisors supports Greenvolt with acquisition in the UK biomass market

We are proud to announce that Amberside Advisors have been supporting Greenvolt Energias Renovaveis SA and their funders with their latest acquisition and refinancing of Kent Renewable Energy Limited (KREL), a CHP biomass EfW facility, in a deal worth ca. £200m. The plant is fully operational and has a production capacity of 28.1 MW of electricity and 25 MWth of heat.

View project >