Shawton Energy, Based In Newton-le-Willows, Enters New Partnership With Lazard Asset Management, Enhancing UK Offering & Enabling 'Growth Strategy At Pace'
Shawton Energy welcomes the Sustainable Private Infrastructure fund managed by Lazard Asset Management (Lazard SPI Fund) as a new 50% shareholder in the business.
Shawton Energy is situated in Newton-le-Willows in the Liverpool City Region's Borough of St Helens.
Lazard SPI will accelerate Shawton Energy’s expansion in funding solar photovoltaic (PV) projects and renewable technology solutions to industrial and commercial clients across the UK.
'This announcement is a significant milestone for the business and our team as we continue to deliver our UK growth strategy at pace.' - Jamie Shaw, Founder & Managing Director of Shawton Energy.
This investment by Lazard SPI represents a committed partnership between the Newton-le-Willows based Shawton Energy and Lazard Asset Management (LAM), who will now work towards bolstering a portfolio of clients to achieve long-term reductions to electricity costs and carbon footprint through fully funded solutions.
Founder & Managing Director of Shawton Energy, Jamie Shaw, said: 'This announcement is a significant milestone for the business and our team as we continue to deliver our UK growth strategy at pace.'
Jamie added: 'We’re pleased to welcome Lazard Asset Management as a partner, and we are excited to see what we can do by combining Shawton’s operational and project delivery experience with LAM’s unparalleled investment expertise.'
Shawton Energy will introduce Lazard Asset Management into the existing operational projects of the company, while continuing its work with Iona Capital to deliver more than £65 Million of invested capital in high-quality solar PV works over the next five years.
Shawton Energy has already helped several businesses across the country to reduce three million tons of carbon and save more than £2 Million on their electricity bills. These include big name organisations including:
Dakota Hotels.
Crowne Plaza.
DoubleTree Hilton.
BMW.
Uniroyal.
Key educational facilities such as Burnley College and Wigan & Leigh College.
Head of Sustainable Private Infrastructure at Lazard, Robert Wall, said: 'We see a very attractive opportunity in distributed, local and behind-the-meter renewable energy generation, such as anaerobic digestion, rooftop solar, and small-scale hydro. It helps businesses to optimise their energy costs and carbon footprint, while delivering stable, diversified, and uncorrelated cash flows to investors.'
The firm’s acquisition was completed by Lazard’s sustainable private infrastructure fund by way of its UK investment platform, New Regions Energy.
To find out more about the amazing things that they are up to, you can visit the Shawton Energy website.
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