{"id":2458,"date":"2022-05-03T12:00:00","date_gmt":"2022-05-03T12:00:00","guid":{"rendered":"http:\/\/new.rgreeninvest.com\/2022\/05\/03\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\/"},"modified":"2023-01-17T16:53:19","modified_gmt":"2023-01-17T16:53:19","slug":"pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk","status":"publish","type":"post","link":"https:\/\/www.rgreeninvest.com\/en\/2022\/05\/03\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\/","title":{"rendered":"4 Renewable Energy powers on into the UK Renewables market following funding from SANTANDER UK"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;100%&#8221; da_disable_devices=&#8221;off|off|off&#8221; global_colors_info=&#8221;{}&#8221; da_is_popup=&#8221;off&#8221; da_exit_intent=&#8221;off&#8221; da_has_close=&#8221;on&#8221; da_alt_close=&#8221;off&#8221; da_dark_close=&#8221;off&#8221; da_not_modal=&#8221;on&#8221; da_is_singular=&#8221;off&#8221; da_with_loader=&#8221;off&#8221; da_has_shadow=&#8221;on&#8221;][et_pb_row _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; width=&#8221;70%&#8221; width_tablet=&#8221;70%&#8221; width_phone=&#8221;100%&#8221; width_last_edited=&#8221;on|phone&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.17.4&#8243; _module_preset=&#8221;default&#8221; text_font_size=&#8221;18px&#8221; global_colors_info=&#8221;{}&#8221;]<\/p>\n<p><span style=\"color: #000080;\"><strong>Santander UK has provided a \u00a327m funding package to 4 Renewable Energy, the independent power producer (IPP) arm of RGREEN INVEST.<\/strong><\/span><\/p>\n<ul>\n<li>Entry into the UK battery storage market gathers speed for 4 Renewable Energy, the independent power producer arm of French investment management company RGREEN INVEST.<\/li>\n<li>4 Renewable Energy brings on board Santander UK with \u00a327m funding support.<\/li>\n<li>4 Renewable Energy\u2019s first UK battery storage facilities will be operational later this year.<\/li>\n<li>4 Renewable Energy has strengthened its position in the UK battery storage market by bringing on board Santander UK for funding support.<\/li>\n<\/ul>\n<p><strong>Santander UK has provided a \u00a327m funding package to 4 Renewable Energy, the independent power producer (IPP) arm of RGREEN INVEST, an independent French investment management company specialised in equity investments and financing for energy transition and climate change adaptation infrastructure projects. The funding supports construction and operations of four new-build battery storage facilities in England that 4 Renewable Energy acquired last year.<\/strong><\/p>\n<p>The 107 MW\/MWh portfolio of four lithium iron phosphate, in-front-of-the-meter new battery energy storage system assets, which were developed by UK company Arlington Energy, is due for completion later this year. The new facilities comprise Back Lane in Chesterfield, Gipsy Lane in Rochdale, Ernesettle in Plymouth and Potmans Lane in Bexhill on Sea.<\/p>\n<p>Owned 100% by RGREEN INVEST\u2019s INFRAGREEN IV fund, 4 Renewable Energy has plans to expand its UK portfolio beyond its first four battery storage facilities. It is actively pursuing additional battery storage projects under development or ready-to-build in the UK and is establishing a local team.<\/p>\n<p>RGREEN INVEST\u2019s managed entities have invested in more than 1,500 renewable energy projects to date and in large battery storage facilities in France \u2013 on the mainland and overseas. 4 Renewable Energy has wind, solar and battery storage projects under development and construction in Spain, Bulgaria, Portugal, Romania and Poland. Its portfolio of renewable energy projects totals more than 1.5 GW.<\/p>\n<p>Battery storage is key to ensuring the UK\u2019s homes and businesses can be powered by renewable energy. It plays an important role in boosting the nation\u2019s capability to capture, store and release renewable energy, providing a more reliable and regular supply.<\/p>\n<p>Since the start of 2019, Santander UK has committed more than \u00a3250m to the battery storage sector. This funding is part of Santander\u2019s global target to lend \u20ac120bn in green finance to businesses throughout the world by 2025. The funding package provided to 4 Renewable Energy was partly financed by Santander UK\u2019s Environmental and Social Growth Fund, which is designed to support lending that benefits the environment or society and contributes toward the UK\u2019s sustainability agenda.<\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>S\u00e9bastien Rondel, Head of Direct Investment for RGREEN INVEST and Director of 4 Renewable Energy, said:<span>\u00a0<\/span><em>\u00ab This is our first venture into the UK market, and we are excited to be an active player. Our banking partner, Santander UK, has greatly supported this venture and is helping us pursue our strategic development abroad. Our choice of the UK is significant as the nation has made an ambitious decision to accelerate its transition to renewable energy sources, and battery systems are poised to become a key component of this strategy\u2019s success.<\/em>\u00a0\u00bb<\/strong><\/span><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #000080;\"><strong>Mark Cumbo, Director, Specialised and Project Finance at Santander UK said:<span>\u00a0<\/span><em>\u00ab\u00a0We are delighted to support RGREEN INVEST\u2019s entry into the UK renewables market with funding for the construction of its four battery storage facilities. Santander UK strongly supports clients such as RGREEN INVEST that are bringing positive environmental change to the UK\u2019s energy sector, and we are delighted to provide funding for these new battery storage facilities throughout England.<\/em> \u00bb<\/strong><\/span><\/p>\n<p>[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Santander UK has provided a \u00a327m funding package to 4 Renewable Energy, the independent power producer (IPP) arm of RGREEN INVEST. Entry into the UK battery storage market gathers speed for 4 Renewable Energy, the independent power producer arm of French investment management company RGREEN INVEST. 4 Renewable Energy brings on board Santander UK with [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[45],"tags":[],"annees":[51],"sp_smart_badges":[],"class_list":["post-2458","post","type-post","status-publish","format-standard","hentry","category-press-releases","annees-2022-en"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>4 Renewable Energy powers on into the UK Renewables market following funding from SANTANDER UK - RGREEN INVEST<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.rgreeninvest.com\/en\/2022\/05\/03\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"4 Renewable Energy powers on into the UK Renewables market following funding from SANTANDER UK - RGREEN INVEST\" \/>\n<meta property=\"og:description\" content=\"Santander UK has provided a \u00a327m funding package to 4 Renewable Energy, the independent power producer (IPP) arm of RGREEN INVEST. Entry into the UK battery storage market gathers speed for 4 Renewable Energy, the independent power producer arm of French investment management company RGREEN INVEST. 4 Renewable Energy brings on board Santander UK with [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.rgreeninvest.com\/en\/2022\/05\/03\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\/\" \/>\n<meta property=\"og:site_name\" content=\"RGREEN INVEST\" \/>\n<meta property=\"article:published_time\" content=\"2022-05-03T12:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-01-17T16:53:19+00:00\" \/>\n<meta name=\"author\" content=\"Myriam Mirroir\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@rgreeninvest\" \/>\n<meta name=\"twitter:site\" content=\"@rgreeninvest\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Myriam Mirroir\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.rgreeninvest.com\\\/en\\\/2022\\\/05\\\/03\\\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.rgreeninvest.com\\\/en\\\/2022\\\/05\\\/03\\\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\\\/\"},\"author\":{\"name\":\"Myriam Mirroir\",\"@id\":\"https:\\\/\\\/www.rgreeninvest.com\\\/#\\\/schema\\\/person\\\/44a4b1f1743807f979b619bb461055bf\"},\"headline\":\"4 Renewable Energy powers on into the UK Renewables market following funding from SANTANDER UK\",\"datePublished\":\"2022-05-03T12:00:00+00:00\",\"dateModified\":\"2023-01-17T16:53:19+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.rgreeninvest.com\\\/en\\\/2022\\\/05\\\/03\\\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\\\/\"},\"wordCount\":719,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.rgreeninvest.com\\\/#organization\"},\"articleSection\":[\"PRESS RELEASES\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.rgreeninvest.com\\\/en\\\/2022\\\/05\\\/03\\\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.rgreeninvest.com\\\/en\\\/2022\\\/05\\\/03\\\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\\\/\",\"url\":\"https:\\\/\\\/www.rgreeninvest.com\\\/en\\\/2022\\\/05\\\/03\\\/pour-sa-premiere-incursion-outre-manche-4-renewable-energy-trouve-un-partenaire-financier-aupres-de-santander-uk\\\/\",\"name\":\"4 Renewable Energy powers on into the UK Renewables market following funding from SANTANDER UK - 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