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What we do

Current offers

The Power Bond offer is now closed – Power Bond 2 offer to follow soon.

The Power Bond Offer

Hazel Capital is delighted to confirm the launch of the “Power Bond” Offer.

We are issuing £6.5m in secured loan notes (“Power Bonds”) to fund a 20MW battery infrastructure project near Newcastle-Under-Lyme.

Power Bonds offer a fixed return of 8% per annum over 2½ years through senior-ranking debt secured on the Project’s assets and revenue.

The Project comprises a series of containerised batteries and engines, known as Energy Storage Systems (“ESS”), which are connected to the National Grid to provide rapid energy supply balancing services through pre-agreed contracts already in place with NG. The Project’s revenue is not correlated to energy prices and there is no reliance on government subsidy.

Offer details

Interest rate: fixed 8.0% per annum

Instrument: secured bond

Term: 2 years 6 months

Security: debenture with first charge over the Project assets

Loan to Value: 30%

Interest paid: 6-monthly (5 instalments)

Principal: repaid after 2 years 6 months

Offer closes: 30 November 2016 (or before if fully subscribed)

Minimum investment: £25,000

Target raise: £6.5m

Offer costs: 1.0%

Arrangement fee: 1.5%, including up to 0.5% adviser commission

Our future intent

Hazel Capital predict three key technologies will have a huge global impact on how trillions of dollars of GDP are spent on energy and transportation. These three areas form the nexus of change for the energy industry and are the core focus for Hazel Capital.

solar-investments

Solar

Already the cheapest form of renewable energy in some parts of the world and becoming cheaper every year. Hazel Capital’s own research suggest solar power could provide around 40% share of electricity in 2050.

Electric vehicles

In Hazel Capital’s opinion, derived from its research, electric cars are proving that they can take over from internal combustion engines – through better quality and range, as well as combined with lower running costs and emissions. Hazel Capital expects electric cars to represent a large part of the car market share by 2022.

electric-vehicle-investments
energy-storage-investments

Energy storage

In Hazel Capital’s opinion, more reliable and lower cost batteries are becoming the key driver for rising renewable energy and EV market penetration. On the grid, batteries smooth out the intermittent generation.

Hazel Renewable Energy VCT 1 and VCT 2 PLC

Hazel Capital launched Hazel Renewable Energy VCT 1 Plc and Hazel Renewable Energy VCT 2 Plc in 2010. £41.6m was raised between 2010 and 2011 representing the most successful ever launch by a new entrant to the VCT market. The Hazel VCTs have since launched two Top-Up Offers (2012 and 2014). Both were fully subscribed to a target fund raise together of £8.2m.

The Hazel VCTs are the best performing VCTs launched since 2008 in terms of Total Return. They have successfully invested in 19 projects, and currently own and manage 6 FiT and 2 ROC ground-mounted solar projects. An investor in the VCTs’ original share offer has enjoyed a Total Return (NAV plus dividends to date) of 147.2p for every 100p invested.

The Hazel VCTs invest in lower risk and profitable UK turn-key and operational renewable energy projects that benefit from long-term government-guaranteed revenues. They aim to provide a more secure investment than is normally anticipated within a VCT structure while utilising the associated tax benefits to enhance returns.

Downing LLP provides administration services to the VCT Funds across all share classes and details can be found following the links below:

Hazel VCT 1 PLC

List of Directors
Michael Cunningham (Chairman)
Stephen Hay

Ordinary Shares
TIDM Code: HR1O
ISIN number: GB00B4M2G812
SEDOL number: B4M2G81

A Shares
TIDM Code: HR1A
ISIN number: GB00B4L13999
SEDOL number: B4L1399

Hazel VCT 2 PLC

List of Directors
Peter Wisher (Chairman)
Christian Yates

Ordinary Shares
TIDM Code: HR2O
ISIN number: GB00B43GVJ82
SEDOL number: B43GVJ8

A Shares
TIDM Code: HR2A
ISIN number: GB00B4KWC525
SEDOL number: B4KWC52

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DISCLAIMER

The information on this website is issued by Hazel Capital LLP (“Hazel Capital”) in relation to the provision of investment management services. Hazel is a limited liability partnership authorised and regulated in the United Kingdom by the Financial Conduct Authority (“FCA”).

The distribution of the information contained in the Website in certain countries may be restricted by law and persons who access it are required to inform themselves and to comply with any such restrictions. The information is not intended to be published or made available to any person in any jurisdiction where doing so would contravene any applicable laws or regulations. In particular, the distribution of the funds referred to in the Website (“the Funds”) as unregulated collective investment funds is restricted in the United Kingdom under the Financial Services and Markets Act 2000 (“FSMA”).

By accessing the Website you confirm that you are aware of the laws in your own jurisdiction relating to the provision and sale of funds and related financial services products and you warrant and represent that you will not pass on or utilise the information contained in the Website in a manner that could constitute a breach of such laws by Hazel Capital or any other person. The Website does not constitute an offer or solicitation in any jurisdiction in which such an offer or solicitation is not authorised or to any person to whom it is unlawful to make such an offer or solicitation.

The Website is provided for information purposes only and does not constitute investment, legal, tax or other advice or any recommendation to buy or sell any of the Funds mentioned. Where access to any part of this site is restricted and requires possession of a valid password, no other person should attempt to gain access to such part of the site. Hazel Capital does not provide investment advice to, nor receives and transmits orders from, investors in the Funds. Hazel Capital does not carry on any other activities for investors that constitute “MiFID or equivalent third country business” for the purposes of the FCA Rules. Prospective investors should take appropriate professional advice before making any investment decision. Investments in the Funds are to be made on the terms of the relevant prospectus or offering memorandum and no reliance should be placed on the information contained in the Website.