Blenheim Renewables Limited (13830491): administration
- Status
- Administration ended
- Administration began
- 2024-09-06
- Administrators' firm
- Begbies Traynor
- Incorporated
- 2022-01-05
- Location
- London
- Industry
- 35110 Production of electricity
From the administrators' statement
The Company was incorporated on 5 January 2022. It was a company formed to promote and develop renewable development projects which are by their nature, high risk. Many projects like these tend to fall by the wayside. There are a number of steps to get a project off the ground including securing the land, securing a grid connection and achieving planning consent.
Only three projects covering a number of sites for the development of a wind and solar farm in the UK were secured, all with the same landowner, under an imperfect, non-binding Heads of Terms which had the potential to be converted into formal Options to Lease.
Of the three projects under active development, two had secured a grid connection date but not until 2031 (although this may have been brought forward to 2029) and building could not commence until 12-18 months prior to the connection date as the assets would deteriorate as they only have a certain lifespan.
Administrators' statement of proposals (2024-11-20) · Companies House register