Greencoat UK Wind PLC’s investment manager on Wednesday said changes to the renewables obligation scheme will drive up consumer costs and bring about uncertainty for investors.

Schroders Greencoat LLP is the investment manager of Greencoat UK Wind, a London-based investment company focused on acquiring and managing wind farms operating in the UK.

Schroders Greencoat claimed the renewables obligation scheme proposals will not reduce consumer bills as intended, instead it will increase consumer costs by widening the capital needed to finance new infrastructure.

This comes in response of the UK government’s consultation on potential changes to the inflation indexation in the renewables obligation scheme.

Citește mai mult