This investment was made by Downing Sustainable Investment, a bespoke investment vehicle for UK charitable institutions that provides exposure to stable, long-term inflation-linked cashflows that are derived from core renewable energy assets.

Downing is able to work with charities to provide access to renewable energy investments that can deliver a broader positive environmental impact, as well as an ongoing income stream that can be used to support a charity’s day-to-day objectives.

Sean Moore, investment director at Downing, said: “This latest acquisition underlines our commitment to investing across the renewable energy sector. Downing has long-standing experience in investing in renewable energy assets and our in-house investment and asset management expertise was key to making this investment possible.”

Tom Phillips, head of institutional business development at Downing, said: “Long-term investments into core renewables can be a great fit for charities who are seeking to generate a return from an asset class that supports the UK’s journey to net zero. We plan to launch similar investment vehicles for other UK charities, foundations and endowments who share this objective.”