New Project Specialisation: Iona specialises in primary investments in sustainable infrastructure projects, with a particular focus on Bioenergy, Energy Efficiency, Energy from Waste and Recycling.
Low Risk Investments: The core philosophy underpinning the selection of projects is that they are well proven technologies/processes with strong counterparties thereby lowering the overall risk profile. Construction risk is further reduced with a comprehensive construction contract package with non-performance penalties.
Attractive Returns: Iona seeks to deliver unlevered returns of 10% + which it achieves by investing in primary projects and delivering these projects through to full operational capability. These projects are typically financed with 100% equity (5% pure equity, 95% shareholder loans) but once fully operational a refinancing will be undertaken. In this way investors will receive a significant return of capital and retain ownership of the asset.
Added value by:
- negotiating exclusive rights to projects with developers;
- de-risking through design, structuring and contracts negotiation;
- delivering these projects to financial completion
- ensuring that they achieve operational performance targets.
Significant Carbon savings: Iona is a signatory to PRI with an A rating across all categories and provides clear reports on key ESG KPI’s. This includes specific and measurable carbon savings.