Endurance Wind Power (UK) Limited – In Administration

Endurance Energy Mftg (UK) Ltd – In Administration

The affairs, business and property of Endurance Wind Power (UK) Limited and Endurance Energy MFTG (UK) Limited are being managed by Sarah O’Toole and Eddie Williams, appointed as Joint Administrators on 30 November 2016. The Joint Administrators act as agents of the Companies and without personal liability.

Land rental agreement brings wind revenue to neighbouring Lancashire farms

  • Four Endurance E3120 wind turbine land rentals secure sustainable income for Greaves’ family
  • 2 E3120’s on Crown Farm produce in excess of 368,000kWh in first 8 months
  • 2 E3120’s on Bottomley Farm produce 175,00 kWh in first five months
  • “That’s significantly ahead of where we expected to be and is proof that the E3120 really is the best machine. The turbines are earning a good income for both properties and have secured our family’s future at Crown Farm.” – Rory Greaves on the production of his E3120 wind turbines

Rory Greaves’ family owns 100 acres of upland moorland at Rossendale in Lancashire. The land at Crown Farm is rented out for sheep grazing, with the family making separate incomes away from the farm. However, the installation of two Endurance E3120 wind turbines on a land rental agreement has secured a new revenue stream with the farm now providing the family with 20 years of sustainable income.

At 1,000 feet above sea level, the 100 acres at Crown Farm, and an adjacent block of land belonging to neighbouring Bottomley Farm, receives a consistently strong wind flow, making it an ideal site for wind energy production.

“We first started thinking about wind power when we were approached by a developer who wanted to build a large scale, commercial wind farm on our land,” Rory Greaves explains. “The project didn’t get off the ground because it conflicted with a nearby weather radar station, but it got us interested in how we could earn an income from renewable energy.”

It was the introduction of the Government’s Feed-in Tariff (FiT) scheme in 2010 which strengthened the family’s attraction to wind power. “My father and I went to a conference to find out more about how wind power might work for us and what options were available,” Rory continues.

“Initially we thought about installing our own 10 kilowatt (kW) turbine which would have provided enough energy for the farmhouse, but ultimately decided to upscale our plans to incorporate a 50kW turbine which would have the potential to deliver a decent income.”

At the same time, Rory started to work for a wind turbine supplier where he gained valuable experience which would ultimately prove valuable in the development of his family’s own turbine site. “As a family we decided it made sense to maximise the opportunity available to us so we started to make enquiries about installing two Endurance E3120 turbines on a land rental agreement.”

The plans escalated even further, and from their initial plan to install one turbine grew to include a total of four E3120 machines with two located on Crown Farm and another pair located on the adjacent land belonging to the neighbouring farm.

Greaves-4-turbines

Rory took on the responsibility of applying for the necessary planning permission for both properties, using the skills and knowledge he had learned from his time within the industry.

“It was a lengthy, complex and time-consuming process which was complicated further by the need to agree terms between two separate landowners; ourselves and our neighbours,” Rory explains. “In hindsight, it would have been easier and a better use of my time to employ a professional wind farm developer to handle the planning applications. They have the experience, contacts and computer software needed to ensure the planning process runs a smoothly as possible.”

Having gained permission for all four turbines, both sites were signed over to Endurance Wind Power who leased the land occupied by the turbines and access roads. Both landowners now receive an index-linked land rental plus a modest yield bonus for each unit of electricity produced. The turbines are owned by Endurance Wind Power but were erected by Aeolus Power – an official E3120 installer.

“We worked with Paul Reid of Endurance to sign a 20-year direct lease agreement,” Rory adds. “At the end of the contract the site can either be refitted and used to produce electricity for another 20 years or returned to full agricultural use.”

Since the turbines were commissioned they have performed better than anticipated. “They have barely stopped turning since they were installed,” Rory says. “The two turbines on Crown Farm produced in excess of 368,000 kWh of electricity in their first eight months, while the turbines on Bottomley Farm have produced more than 175,000 kWh in their first five months.”

“That’s significantly ahead of where we expected to be and is proof that the E3120 really is the best machine. The turbines are earning a good income for both properties and have secured our family’s future at Crown Farm.”

Three generations of the Greaves family celebrated the installation and commission of the Endurance turbines on their Lancashire hill farm.

The E3120 turbines at Crown Farm are performing ahead of expectations having produced over 150,000 kWh of power in their first six months.

The landowners receive a rental income from the land occupied by the four Endurance E3120 turbines. Now that’s green energy in action.