Intelligent Land Investments Group (ILI Group) is a land investment company based in
Hamilton Hamilton may refer to:
People
* Hamilton (name), a common British surname and occasional given name, usually of Scottish origin, including a list of persons with the surname
** The Duke of Hamilton, the premier peer of Scotland
** Lord Hamilt ...
, Scotland. The ILI Group operate a number of land based investment funds primarily in the
renewable energy
Renewable energy is energy that is collected from renewable resources that are naturally replenished on a human timescale. It includes sources such as sunlight, wind, the movement of water, and geothermal heat. Although most renewable energy ...
and residential sectors.
The ILI Group secures the required rights over strategic land sites and represents these sites through the Local Authority
planning process with aim to sell them at
profit should they achieve the necessary planning permissions. They offer
private investors
An angel investor (also known as a business angel, informal investor, angel funder, private investor, or seed investor) is an individual who provides capital for a business or businesses start-up, usually in exchange for convertible debt or owners ...
the opportunity to invest in the
fund Fund may refer to:
* Funding is the act of providing resources, usually in form of money, or other values such as effort or time, for a project, a person, a business, or any other private or public institution
** The process of soliciting and gathe ...
at the initial stage and share in the profits once the land has been sold.
History
Intelligent Land Investments Ltd (ILI) was formed in 2004 and since inception has dealt exclusively with strategic residential projects.
In 2009, they started working in the renewable energy industry. They primarily dealt with single wind
turbine
A turbine ( or ) (from the Greek , ''tyrbē'', or Latin ''turbo'', meaning vortex) is a rotary mechanical device that extracts energy from a fluid flow and converts it into useful work. The work produced by a turbine can be used for generating e ...
instillations in line with the UK
Feed-in Tariff
A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, ...
securing planning consents for 96 developments throughout Scotland from 2011 to 2016. In addition they attained planning permission for two large scale
solar sites and one
hydro-run river project.
Intelligent Land Investments Group plc (ILI Group) was incorporated in 2017 to oversee all projects. Their main aim is to bring 1.1
GW of energy storage to the UK
electricity market
In a broad sense, an electricity market is a system that facilitates the exchange of electricity-related goods and services. During more than a century of evolution of the electric power industry, the economics of the electricity markets had un ...
via three new
pump storage hydro installations in Scotland.
Intelligent Land Investments (Battery Storage) Ltd
LI (Battery Storage)was incorporated in 2017. This arm of the business expects to achieve planning permission for up to 30 medium scale industrial
battery storage
A battery storage power station is a type of energy storage power station that uses a group of batteries to store electrical energy. Battery storage is the fastest responding dispatchable source of power on electric grids, and it is used to stab ...
units distributed throughout Scotland.
In June 2020, ILI became the main shirt sponsor of
Inverness Caledonian Thistle F.C.
Inverness Caledonian Thistle Football Club, commonly known as Caley Thistle, is a professional football club based in Inverness, Scotland. The team currently competes in the Scottish Championship, the second tier of the Scottish Professional F ...
for the
2020–21 Season[{{Cite web, url=https://www.pressandjournal.co.uk/fp/sport/football/inverness-caledonian-thistle/2239826/caley-thistle-reveal-new-home-kit-for-2020-21-campaign/, title=Caley Thistle reveal new home kit for 2020/21 campaign]
See also
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Investment management
Investment management is the professional asset management of various securities, including shareholdings, bonds, and other assets, such as real estate, to meet specified investment goals for the benefit of investors. Investors may be institut ...
*
Pump Storage Hydro
*
Renewable energy commercialization
Renewable energy commercialization involves the deployment of three generations of renewable energy technologies dating back more than 100 years. First-generation technologies, which are already mature and economically competitive, include b ...
*
Wind power in Scotland
Wind power in Scotland is the fastest-growing renewable energy technology, with 9,347 megawatt, MW of installed wind power capacity as of June 2020. This included 8,366 MW from onshore wind in Scotland and 981 MW of offshore wind generators.
...
*
Renewables Obligation
The Renewables Obligation (RO) is designed to encourage generation of electricity from eligible renewable sources in the United Kingdom. It was introduced in England and Wales and in a different form (the Renewables Obligation (Scotland)) in Scot ...
*
WindEurope
*
The Carbon Trust
The Carbon Trust was developed and launched in 1999-2001 as part of the development of the Climate Change Levy (CCL), a tax on business energy use that still operates today. The Carbon Trust was originally funded by around £50m of tax revenue ge ...
*
Feed-in Tariff
A feed-in tariff (FIT, FiT, standard offer contract,Couture, T., Cory, K., Kreycik, C., Williams, E., (2010)Policymaker's Guide to Feed-in Tariff Policy Design National Renewable Energy Laboratory, U.S. Dept. of Energy advanced renewable tariff, ...
References
External linksIntelligent Land Investments Group Official Website
Companies based in South Lanarkshire
Investment companies of the United Kingdom
British companies established in 2004