Privilege Finance boosts team

Cambridgeshire based renewable energy finance provider, Privilege Finance, has announced the appointment of four new staff in support of an additional £120 million planned investment in the agricultural and food waste anaerobic digestion industries for 2017.

Phil Gerrard, CEO of Privilege Finance, explains that the expansion is down to business growth and continued commitment to the sustainability of the agricultural and associated food sectors.

“It’s a really exciting time for our company which is growing fast and going from strength to strength,” says Phil. “We’ve recently been shortlisted for awards with both ADBA and REA and are delighted to be recognised by both of these industry groups,” he adds.

“As a business we’re committed to supporting anaerobic digestion and biomass projects the UK, and pride ourselves on working in close partnership with our clients. This is driving us to expand our team in order to deliver even better project outcomes and overall service.

“Not only do we provide project funding, but we also offer technical and scientific support services that enable smooth delivery, commissioning, monitoring and optimisation, towards re-financing for SPV stability.

“Our four new recruits are all experienced hires and will help us provide enhanced support to new and existing customers in the areas of project delivery and key account management.”

To date, Privilege has invested over £250 million in UK projects.

“Our vision is to continue to make AD a viable and successful diversification option for farmers, landowners, food manufacturers and food waste processors across the UK,” explained Phil.

“And for 2017, we already have an additional £120 million planned for new projects which is fantastic. We’re really looking forward to what the future holds.”

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