Your pathway to a Net-Zero future

Providing your business with a sustainable solar solution

Get in touch

The Atrato Sustainability Formula

Atrato has transitioned from simply managing the environmental, social and governance risk, to incorporating best practice that will maximise your project’s sustainability over the long term.

This is our sustainability ethos.

ESG

+

Impact

+

Long-term investing

=

Sustainability

Overview

Onsite sustainable energy solutions facilitate greenhouse gas savings, contributing to the transition to a low carbon economy. Atrato Onsite Energy is at the forefront of linking investors to the UK’s energy transition. 

Atrato Onsite Energy, through its Investment Adviser, Atrato Partners, takes a holistic approach to its investments, not just measuring the impact of the investment, but also the environmental cost through its supply chain. 

Sustainability is integrated into the whole investment process, including the evaluation of panel suppliers. A bespoke procurement policy has been developed to mitigate the risk of exposure to forced labour issues in the industry. 

Nationally Determined Contributions

On 12 December 2020, the UK pledged to reduce its National Determined Contributions under the Paris Agreement to the United Nations Framework Convention on Climate Change by 68% by 2030, in comparison to its 1990 levels.  Each company has a role to play in the reduction of its carbon emissions. Atrato Onsite Energy forms part of the solution by providing fully traceable green energy generation that will reduce a company’s emissions, contributing to the NDC. 

Sustainability in the supply chain

Our objective is to use our position as a significant investor in UK rooftop solar to influence the behaviours and practices of module suppliers to eliminate the practices of modern slavery in their supply chain.  Our procurement policy states that the purchasing of panels should include a guarantee that the raw materials and manufacturing will exclude any forced labour and should be procured outside of the known regions where these practices are known to be happening. The policy has been developed with the UK’s Modern Slavery Act 2015 in mind and is reviewed annually. Suppliers are reviewed at least semi-annually to ensure that procurement procedures are up to date. 

Atrato Partners implements negative screening for any investment opportunity. Within any of our potential counterparties, if Atrato Partners identifies evidence of any of the following, it will not progress with the investment: 

  • risk of modern slavery, such as forced labour, human trafficking or child labour,  including those risks as they are associated with the supply chain; 
  • risk of corruption, money laundering and bribery; and/or 
  • negative impacts on areas with high biodiversity value. 
    •  

Our Procurement Policy

View

Sustainable Investment Management System

Atrato Partners has developed a bespoke sustainable investment management system for Atrato Onsite Energy. This system ensures that sustainability considerations are integrated throughout the investment process. Atrato Onsite Energy implements an integrated cradle-to-grave approach for its investments.

Labour rights & commitment

Human rights are universal, as are labour rights. A safe working environment for contractors and stakeholders is critical to a sustainable project. EPC contractors are expected to provide a site specific EHS policy that ensures that workers are safeguarded in their jobs. Atrato Onsite Energy will ensure that policies and procedures are implemented across the portfolio and health and safety data is shared and disclosed as part of our drive for transparency. 

Net-Zero agenda

The use of onsite energy generation has the potential to significantly, and in certain cases, completely displace generation from other non-zero carbon sources. Through its investments, Atrato Onsite Energy provides one of the lowest cost forms of energy generation, helping to reduce the costs of operations for companies and landlords. We estimate that, following deployment of our IPO proceeds, the potential generation capacity of electricity could result in the annual greenhouse gas emissions savings of over 50,000 tonnes of CO2e per year. 

Impact Commitment

Atrato Onsite Energy has adopted and adapted the United Nation’s Sustainable Development Goals (SDGs) to help define how to measure and report its impact.

Atrato Onsite Energy assists its clients in reducing their carbon emissions and therefore contributing to the Net Zero target.   

UN Sustainable Development Goals

We have identified the following principles that we believe are specifically relevant to our activities.

Ensure access to affordable, reliable, sustainable and modern energy for all

Modern society is becoming increasingly dependent on reliable and affordable renewable energy to function sustainably and to develop equitably. Ensuring a well-established energy system that supports all business activities of Atrato Onsite Energy’s clients, as well as forming part of the energy transition to renewable energy, remains our focus. Atrato Onsite Energy can accelerate the transition to an affordable, reliable and sustainable energy system by investing in solar energy projects. Commercial rooftops in particular are an effective use of space and resource, maximising the productivity of buildings.

Ensure sustainable consumption and production patterns

Our focus on onsite energy generation, particularly rooftop solar, means that our investments do not generally compete with alternative land uses such as green or public spaces, food production or housing. We are committed to a best practice approach to asset procurement, maintenance, decommissioning and component recycling with the objective of supporting the shift to a circular economic model.

Take urgent action to combat climate change and its impacts

The use of onsite low carbon energy generation has the potential to displace generation from other higher carbon use sources. Through its investment in onsite solar assets, one of the lowest cost forms of energy generation, we will contribute directly to the to the attainment of the UK's zero carbon targets. Atrato Onsite Energy estimates that through its deployment of the initial IPO proceeds of £147 million, its resulting portfolio of clean energy assets could result in annual greenhouse gas emissions savings of over 50,000 tonnes of CO2e per year.

Get in touch

If you would like to learn more about our sustainability approach, please don’t hesitate to reach out:

Get in touch

Latest news

View all
Investment Adviser
Atrato Partners Limited
3rd floor, 10 Bishops Square,
London, E1 6EG
+44 (0)20 3880 9800
contact@atratopartners.com

Atrato Onsite Energy is the trading name of Atrato Onsite Energy plc

+44 (0)20 3880 9800
contact@atratopartners.com
Investment Adviser
Atrato Partners Limited
3rd Floor, 10 Bishops Square,
London E1 6EG

Atrato Onsite Energy plc |

Designed by Squibble
Linkedin-in Twitter
Linkedin-in Twitter

Atrato Onsite Energy plc |

Designed by Squibble

Thursday 6th February 2025

Atrato Onsite Energy plc

(in Members’ Voluntary Liquidation)

(“the Company”)

 

Notice to Shareholders

Further to the appointment of Richard Barker and Derek Hyslop as Joint Liquidators of the Company on 13 December 2024 and in accordance with the circular issued to shareholders on 27 November 2024 (“the Circular”).

 

The Joint Liquidators confirm that a First Distribution at a rate of £0.775 per Ordinary Share will be paid on 6 February 2025. Shareholders will receive their distribution by CREST or cheque and those cheques will be issued by the Company’s Registrar (Link Asset Services) to the address on the share register as at the Record Date.

Please note that this distribution could have tax consequences which may need to be reflected in your tax return.  If a Shareholder is in any doubt as to their individual tax position, it is recommended that they seek advice from an independent professional advisor.

A second and final distribution is expected to be paid to shareholders prior to the conclusion of the liquidation. Once the Liquidators have concluded the Company’s residual affairs, which includes novation of parental guarantees provided by the Company in relation to its former subsidiary investments, the tax affairs of the Company, satisfaction of claims of creditors of the Company and paid the costs and expenses of the liquidation, it is expected the Liquidators will make a final distribution to Shareholders of the residual cash in the liquidation estate. The final distribution, if any, will be paid at a time to be determined by the Liquidators but is envisaged to be in the region of nine months after the commencement of the liquidation.

A further update will be provided on the website once the timing of the final distribution is known.  In the meantime, if shareholders have any questions in relation to the liquidation they should contact the Liquidators.

Following the commencement of the members’ voluntary liquidation, shareholders are no longer able to trade in the Company’s shares on the London Stock Exchange. The Company will not publish any further regulatory information service announcements and will not produce further financial statements (other than those prepared by the Joint Liquidators and communicated to shareholders under the relevant provisions of the Insolvency Act 1986).

Jay Bhatt

jay.bhatt2@uk.ey.com

+44 20 7951 5251

Shareholders with questions, including regarding the receipt of their entitlements in respect of the first distributions, should contact the Company’s Registrar, MUFG Corporate markets, using the details below.

shareholderenquiries@cm.mpms.mufg.com

0371 664 0300

Calls are charged at the standard geographic rate and will vary by provider. Calls outside the United Kingdom will be charged at the applicable international rate. The MUFG Corporate markets helpline is open between 9 am – 5.30 pm, Monday to Friday excluding public holidays in England and Wales.  Please note that MUFG Corporate Markets cannot provide any financial, legal or tax advice and calls may be recorded and monitored for security and training purposes

 

Friday 31st January 2025

Atrato Onsite Energy plc

(in Members’ Voluntary Liquidation)

(“the Company”)

Notice to Shareholders

Further to the approval of a special resolutions by a general meeting of the Company held on 13 December 2024, the Company was placed into Members’ Voluntary Liquidation, and Richard Barker and Derek Hyslop of Ernst & Young LLP were appointed as Joint Liquidators.

As stated in the circular issued to shareholders on 27 November 2024, it is anticipated that the Liquidators will be in a position to make an initial distribution of substantially all of the net assets of the Company in early February 2025 (the “Initial Distribution”). This timeline is to allow (a) the Liquidators to comply with their obligation to give all actual and/or contingent creditors of the Company notice of the liquidation and the requirement to submit claims to the Liquidators by a last proving date, which must be a minimum period of 21 days from the date of the notice; and (b) the Liquidators to adjudicate and pay (if accepted) and/or reserve sufficient funds to pay any claims received. It is estimated that the value of the Initial Distribution will be no less than 77.0  pence per Ordinary Share.

The Liquidators will retain the balance of funds in the liquidation estate and once the Liquidators have satisfied all the claims of creditors of the Company and paid the costs and expenses of the liquidation, and the Company’s tax affairs have been finalised, it is expected the Liquidators will make a final distribution to Shareholders of any residual cash in the liquidation estate. The final distribution, if any, will be paid at a time to be determined solely by the Liquidators but is envisaged to be in the region of nine months after the entry into members’ voluntary liquidation.

All Shareholders on the Register of Members as at 6.00 p.m. on 12 December 2024, being the Record Date, will be entitled to any distributions made during the course of the liquidation.

Following the commencement of the members’ voluntary liquidation, shareholders are no longer able to trade in the Company’s shares on the London Stock Exchange. The Company will not publish any further regulatory information service announcements and will not produce further financial statements (other than those prepared by the Joint Liquidators and communicated to shareholders under the relevant provisions of the Insolvency Act 1986).

A further update will be provided on the website at the time of the first distribution to shareholders.  In the meantime, if shareholders have any questions in relation to the liquidation they should contact the Liquidators.

Jay Bhatt

jay.bhatt2@uk.ey.com