Oakes secures green partnership with MTFD

A North East energy specialist is expanding its offering through a new partnership designed to accelerate the rollout of low-carbon technologies across the UK.

Oakes Energy Services, headquartered in Houghton le Spring, has agreed a strategic partnership with MTFD to provide customers with improved access to funding solutions for renewable and energy efficiency projects.

The collaboration will enable organisations to adopt technologies such as solar PV, battery storage, heat pumps and electric vehicle infrastructure through fully funded models, including power purchase agreements and asset finance.

By removing upfront costs and simplifying project delivery, bosses say the partnership, which has already accelerated the delivery of several renewable energy projects, aims to address common financial and operational barriers to decarbonisation.

MTFD will support the funding and development process, while Oakes will deliver end-to-end services from design and installation through to operation.

Nik Smith, managing director of Oakes Energy Services, said: “This partnership with MTFD marks an exciting and highly complementary collaboration. 

“In the short time we have been working together, their team has demonstrated exceptional expertise in renewable energy development and funding.

“The upfront capital investment and ongoing maintenance requirements of green technologies can often slow decision-making, but this partnership removes those barriers unlocking the funding needed to accelerate projects from concept to construction.

“Together, we offer a fully integrated, end-to-end solution covering project scoping, funding approval, planning, delivery and final handover. 

“Even at this early stage of collaboration, we have already seen significant momentum and success within the funded renewables market.

“At a time when access to government grants for commercial renewable technologies remains uncertain, organisations are under increasing pressure and in some cases regulatory obligation to reduce their carbon footprint. 

“Our model provides a clear pathway to decarbonisation without placing additional capital or financial strain on the customer.”

Bradley Martin, managing director of MTFD, added: “We are excited to partner with Oakes Energy Services to accelerate the rollout of renewable energy projects across the UK. 

“By combining our project development and funding frameworks with Oakes’ proven installation and delivery capabilities, we are removing the biggest barriers organisations face, which include upfront capital costs, planning, DNO approvals and ongoing asset management.

“These collaborations enable us to deliver truly end-to-end, fully funded solutions, helping businesses achieve savings and carbon reductions without any restrictions on capital.”

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