None of the information provided is investment or tax advice.
You should always read the associated risks before deciding whether to invest. These can be found on the product pages as well as in our risks overview.
Please confirm you have read the information above.

Confirm

Welcome to Downing LLP

Other
plus icon
document search icon 3
15/6/2023
5
min read

Downing partners with Southern Water to develop 12 solar PV sites and supply renewable energy

No items found.
Downing
Downing

What’s a Rich Text element?

The rich text element allows you to create and format headings, paragraphs, blockquotes, images, and video all in one place instead of having to add and format them individually. Just double-click and easily create content.

Static and dynamic content editing

A rich text element can be used with static or dynamic content. For static content, just drop it into any page and begin editing. For dynamic content, add a rich text field to any collection and then connect a rich text element to that field in the settings panel. Voila!

asdasd

How to customize formatting for each rich text

Headings, paragraphs, blockquotes, figures, images, and figure captions can all be styled after a class is added to the rich text element using the "When inside of" nested selector system.

http://ww.w.goooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooogole.comdadsdasdas

  • asd
  • asd
  1. asdasd
  2. asd
  1. asd

asdasd

Downing has been appointed by Southern Water to deliver 12 new solar PV projects across its sites and to supply renewable energy from these projects to its water treatment facilities under long-term offtake agreements.

The renewable energy and infrastructure arm of Downing’s Estate Planning Service will invest c.£12 million over a two-year period to deliver the solar PV projects which will generate a total of 8.4 GWh each year to run treatment plants - the equivalent of powering nearly 3,000 UK homes annually.

Downing Renewable Developments, Downing’s in-house project development team, will manage the development and construction of the sites, with the electricity generated being directly utilised by Southern Water.

This initial project is phase one of Southern Water’s solar strategy, supporting its ongoing net zero plans.

Southern Water provides essential water services to 2.6 million customers and wastewater services to 4.6 million customers across Kent, Sussex, Hampshire and the Isle of Wight and are committed to making a positive impact. This means ensuring all its customers have access to high-quality, affordable and efficient water and wastewater services.

Tom Williams, Partner and Head of Energy & Infrastructure at Downing LLP said, “We are delighted to have been selected as the preferred partner to deliver these solar sites for Southern Water, the third such initiative of this type that we are undertaking with water utilities in the UK. It’s great to see a proactive commitment by energy-intensive industries such as water treatment and distribution to reduce their carbon footprint. As an accredited B Corporation, we are proud to be involved in this initiative -  another example of Downing underlining its commitment to sustainable investing.”

Stuart Ledger, Chief Financial Officer at Southern Water said, “This is a key step for Southern Water as we continue to progress our environmental and turnaround plans. This additional investment we are making in solar across 12 locations will provide onsite green energy to run our treatment plants for our customers in a way that is more sustainable, cost-effective and with improved resilience. We are really pleased to be working with Downing on these projects who have a proven track record in this area.”

Find out more about Renewable Energy at Downing

Share
https://downing.co.uk/insights/downing-partners-with-southern-water

We're here to help

If you are a financial adviser, or discretionary fund manager call 020 7630 3319 or email us at sales@downing.co.uk

If you are a private investor call  020 7416 7780 or email customer@downing.co.uk