Arc & Co

Arc & Co arranges £20m equity facility



Arc & Co has advised on an initial £20m per annum equity facility for Industria Resources.

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The equity investor — a UK-based family office which specialises in providing alternative credit solutions across renewables, real estate and fintech — has formed a new joint venture with Industria Resources and will advance an initial investment of £20m.

Industria Resources specialises in the conversion of agricultural and other land so that it is ready for commercial, residential or solar use.

The investment will help take sites through the planning process on promotion/option agreements, as well as fund all operating costs associated with expanding the business.

The partnership will aim to provide 1-2GW of renewable energy to the UK market within the first few years of establishing, powering energy to around 250,000 homes and businesses.

Cameron Hayes, asset finance adviser at Arc & Co (pictured above) commented: “It is great to see this across the line with Industria.

“Hopefully this will pave the way for Udo [Eisenmenger, CEO at GreenVolt Group and managing director at Industria Resources] and the team to build out a larger portfolio and unlock more sites for solar energy over the coming years.”

Udo added: “We were delighted to get this equity facility in place.

“Cameron was on top of the deal throughout, from the initial introduction and due diligence to establishing the platform for its growth over the next few years.

“His dedication ensured everything fell into place and we look forward to working with Arc & Co as our strategy progresses.”

The funding is set to help establish Industria Resources as one of the leading UK developers for large-scale ground-mounted solar parks and battery systems.



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