Energy Service Companies (ESCOs) - Funding and Managing Renewables Ray Morgan, Director Thameswey Ltd and Thameswey Energy Ltd
Energy Service Companies (ESCOs) -Funding and Managing Renewables XERGI LIMITED Corporate Structure WOKING BOROUGH COUNCIL 80% 100% 20% XERGI SERVICES LTD. THAMESWEY LIMITED 10% 90% 100% THAMESWEY ENERGY LIMITED WOKING BOROUGH HOMES LIMITED
Energy Service Companies (ESCOs) -Funding and Managing Renewables Thameswey Limited is an Energy and Environmental Services Company or EESCO wholly owned by Woking Borough Council. It enters into public/private joint ventures to deliver energy and environmental projects. Thameswey Energy Limited is a joint venture Energy Services Company or ESCO between Thameswey Limited and its Danish partner contractors, Xergi Ltd.
Energy Plant in Woking - Total Investment Financed by Share Capital Grants & Contributions WBC Loan Total £’000 12,000 2,440 2,560 7,000 12,000 Thameswey Energy LtdInitial Investment
WBC Capital Receipts Loan to Energy Company Total Investment Serviced by Borrowing “ Loan Costs” Loan Charges to Company Net Cost to Council Tax £’000 2,440 7,000 9,440 850 850 NIL Thameswey Energy LtdFinancing by the Council
82kWhpe- Financed by Grants & Contributions Thameswey Total Power Income (PA) Payback (YRS) £’000 415 361 54 415 8 7 Thameswey Energy LtdAlbion Square PV