Two UK Wind farm deal worth £104m agreed

A £104m deal has been agreed to buy two Scottish wind farm projects which have yet to start construction.

Greencoat UK Wind will purchase the Windy Rig and Twentyshilling schemes in Dumfries and Galloway from Statkraft upon completion.

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Work is expected to start shortly with target dates in 2021 for the turbines to become operational.

Greencoat chairman Tim Ingram said it was delighted to partner with Statkraft on the project.

“This transaction follows, and is very similar to, our recently announced Glen Kyllachy acquisition from Innogy, with acquisition completion occurring upon the successful commissioning of the wind farms,” he said.

Windy Rig – a 12-turbine project near Carsphairn – and Twentyshilling, which involves nine turbines near Sanquhar, are projects originally developed by Element Power which was acquired by Statkraft last year.

See the source imageGreencoat UK Wind is managed by renewable investment firm Greencoat Capital.

The company already has an extensive portfolio in the UK.

It either owns or has a stake in nearly a dozen wind farms in Scotland, including a 28.2% interest in the giant Clyde wind farm in South Lanarkshire.

In the Scottish Borders, it has a 51.6% stake in Drone Hill, Coldingham, and owns 100% of Carcant, near Heriot, and Langhope Rig, near Hawick.

Source: BBC News

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COP25 Climate Change: Major emitters disagree over UN deal

UN climate talks in Madrid enter their final scheduled day with divisions emerging between major emitting countries and small island states.

Negotiators are attempting to agree a deal in the Spanish capital that would see countries commit to make new climate pledges by the end of 2020.

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But serious disagreements have emerged over how much carbon-cutting the major emitters should undertake.

The talks have also become bogged down in rows over key technical issues.

Negotiators arrived in Madrid two weeks ago with the words of the UN secretary general ringing in their ears – António Guterres told delegates that “the point of no return is no longer over the horizon”.

Despite his pleas, the conference has become enmeshed in deep, technical arguments about a number of issues including the role of carbon markets and the financing of loss and damage caused by rising temperatures.

Source: BBC News

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Dennis Bebo – MSC, BSC, DEA, CeMAP

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Gas failure in part of UK render homes without heating in freezing temperature

Thousands of people spent the night without heat in freezing temperatures below zero after gas outage in Falkirk on Sunday morning.

Hundreds of engineers are visiting homes in the area as part of a major operation to tackle the gas network failure.

Fire brigade helping with distribution of heaters in Falkirk

Heaters and portable cookers have been distributed to vulnerable residents and 14 schools and nurseries are closed.

Gas infrastructure company SGN said it had now begun reconnecting supplies to homes across the area.

The company said previously that it had hoped to visit all 8,000 affected properties by Monday afternoon.

By 21:30 on Monday, SGN confirmed it had reconnected gas to 3,000 properties.

More than 250 engineers are going door-to-door to turn off gas supplies at the meter for safety reasons.

Falkirk Council said the majority of schools in the area, as well as Kinnaird Waters early learning and childcare centre, would reopen on Tuesday.

Bainsford primary school and nursery class, Larbert early learning and childcare centre, and Kinnaird primary school and Thistle Wing will remain closed.

Source: BBC News

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Essential tips on empty property

When a property is unoccupied – between tenants, awaiting sale, or the resident is absent for any reason, it is expected that the property will be exposed to greater level of risk than any other time.

Below are some few tips that can help;

  • Security – Review and implement adequate security measures and remove valuables
  • Water supply – To avoid the risk of freezing causing serious damage, systems should be drained down and the water switched off at the stopcock. Alternatively, the central heating system be active 24 hours per day (not timed) at a minimum of 15 degrees centigrade. If possible, the water should still be switched off at the stopcock (note – some boilers work on mains pressure, making this impractical). If any water is stored in the loft, the access hatch should be left open part way, allowing warm air to circulate in the loft space.
  • Water tank – Ensure it is kept warm or emptied
  • Regular visit – Inspect the property as often as possible
  • Gas and electricity – Ensure Gas and electricity are switched off at the mains if not in use.
  • Maintenance – Keep the property and grounds tidy
  • Insurance – If you don’t tell your insurer that the property is empty, at best the cover under your policy may be restricted. At worst be invalidated completely, leaving you totally uninsured. Many insurers will refuse to provide further cover, some may continue but with severe restrictions. There are specialist insurance companies that offer unoccupied property  insurance.

 

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Dennis Bebo – MSC, BSC, DEA, CeMAP

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Home energy saver: Buy green appliance

Most home appliances are switched on 24hrs a day or used everyday and as such uses the most energy and cost the most money to run in the home.

The next time  you have to replace your fridge, freezer, washing machine or dishwater, shop around to find one with a A or A+ energy rating. As these appliances use less energy, they also cost less to run. When buying a new appliance, look for the Energy Saving Trust Recommended logo, which proves the appliance has met rigorous standards to qualify for the Energy saving Trust’s scheme.

Energy saving washing machines have to be AAA-rated to qualify, gaining an A in energy efficiency, spin efficiency and wash performance. Home appliance are used everyday, fridges, freezers are switched on 24 hours a day, so if you still have an old appliance, you’re sure to be wasting energy and money.

 

 

 

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Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

 

Save energy before you spend

There are some simple practical tips to save money on your bills at home. If you put all of the money you’ve saved to one side, your dream holiday will become a reality in next to no time. Try these top tips and you could save an average of £300 per year on energy bills.

eco-house

  • Use energy saver light bulb – Each bulb could save you up to £7 per year. Replace 15 bulbs and that could save you over £100. Now you can get stylish, dimmable and warm light energy saver bulbs so you don’t have to compromise on the mood of your rooms or style either. There is an energy saver equivalent for nearly all light fitting types, including halogen.
  • Insulate your home – 40% of heat is lost through walls, windows, doors and the ceiling. insulate your home properly, and you’ll be able to turn down the thermostat.
  • Turn the heating down – By turning your heating down by as little as 1°C you can save up to 10% on your energy bills. Only heat the rooms you use when you use them.
Home energy
Click here to get the best UK electricity and gas deals at www.deneco.co.uk
  • Switch it off – On average we waste £50 per year by leaving appliances such as TVs and DVD players on stand-by. Use 24 hour timer switches, motion sensor light control and energy saver remote control sockets to turn appliances off at the source.

 

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Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk

10 things to do between property purchase exchange and completion

Before the completion of your residential property purchase, there are few things you can do between exchange and completion. This process can typically take about two weeks.

  1. Make sure that you have re-set up any direct debits/standing orders in your new address.
  2. Reconfirm dates and times with your removals company, and make sure they have your new address details, including any restriction and information on parking.  Make sure they have your mobile phone number and an alternative mobile number if available so they can contact you en route if necessary.
  3. If you are paying for your possessions to be packed for you, its worth singling out any particular precious, valuable or breakable pieces and packing them separately yourself. Mark the boxes ‘fragile’ if they’re going to be loaded onto a removals van or lorry.
  4. If you’re packing yourself obtain some creates/boxes from your local removals company and do the packing on time especially the precious, valuable or breakable items so they can be properly and safely done.
  5. Make a list of what to pack last and to unpack first at the other end, and set aside a box or two for theses items. Typically this list will include household essentials such as toilet rolls; a small selection of crockery and cutlery, including mugs and teaspoons; a kettle; tea, coffee and sugar; milk; snacks; light bulbs; a torch; a selection of fuses; a couple of saucepans, utensils; a tea towel and hand towel; a wiping-down cloth; cleaning materials; bedding and pyjamas ; slippers; washbag; phone charger, alarm clock.
  6. Agree a time with your estate agent or solicitor when you can collect your new keys and hand over your old keys.
  7. Arrange for any utilities re-connections that require access to your new address to coincide with you getting access to the property.
  8. Register with a new doctor, dentist and/or other health provider(s) in your new area.
  9. If you have any regular deliveries or services at your old address, such as window cleaning, milk food, newspaper deliveries and so on, arrange to have them cancelled in good time and settle any unpaid accounts. Start to use up foods from the fridge and freezer.
  10. If you have pets make arrangement for them and think about what plants, if any, you might want to take with you with the agreement of the next tenant/owner.

 

For property investment in the UK from start to finish, Please Contact me

Dennis Bebo – MSC, BSC, DEA, CeMAP

TA DenEco Consultancy – www.deneco.co.uk