Bullfrog Capital secured a funding committment for the rollout of fully financed Solar PV and Combined Heat & Power (CHP) equipment across holiday parks recently acquired by CVC Capital Partners.

With INDOP and Schneider Electric as equipment suppliers responsible for the performance of the equipment, the sites benefit from its use by generating locally produced, low-cost electricity and heat.

The equipment is owned and operated by the developer’s SPV under an availability-based services agreement, placing it entirely off-balance sheet to the end-user. The capital required is progressively drawn by the developer’s SPV using a line of credit secured by Bullfrog Capital.