Wyke Farms want to become the first food manufacturer in the UK to be 100% self-sufficient in energy production. They turned to Barclays to help them realise their ambition.
Total energy self-sufficiency
Wyke Farms is Britain’s largest independent farmhouse cheese maker; with turnover growing year-on-year, they made the bold decision to build a biogas plant
The new plant will allow them to control their energy costs in a sustainable way, recycling their waste and generating green electricity
To realise this ambition, they needed to move quickly in order to access government incentives
Barclays’ specialist teams were able to swiftly gain an understanding of the project, and supported their plan by providing £3.5m of finance at pace
As Richard Clothier, MD, says, “Barclays was able to meet the deadlines we found tough to meet ourselves… they carry the same commitment that we do.”
Infrastructure and Project Finance
Access industry-leading debt finance products for Private Finance Initiative (PFI), Public Private Partnership (PPP) and renewable energy related projects.
Access funding to support general business needs or growth objectives through our range of Corporate Lending products.
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