"Short window of opportunity remains for Solar EIS" - says Oxford Capital

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30% income tax relief, index-linked income stream and predictable exit planning ­

Solar EIS funds still offer a compelling investment case, despite government intervention, says Oxford Capital.  But investors only have a limited opportunity to capture the potential of 30% income tax relief, index-linked income stream and predictable exit planning before the window of opportunity slams shut on 31 March 2012.

The Oxford Capital Solar EIS will invest in companies which own solar energy assets across schools, public and commercial buildings. Each company will earn income under the ‘Feed In Tariffs’ (FITs) scheme which is index-linked and guaranteed for 25 years.

The government review of the FIT scheme and the Budget decision to prevent solar energy companies from qualifying for EIS from April 2012 were thought to have killed-off the sector.  However EIS funds invested in companies which are connected to the National Grid and are generating electricity by 31 March 2012 will continue to benefit from EIS tax reliefs and the current FITs.

Investments in the Oxford Capital Solar EIS will be accepted until September 2011 and will be invested in companies generating electricity by the March 2012 deadline.  Oxford Capital intends to sell the assets to institutional investors to provide EIS investors with a tax free return within a three-four year time horizon.

David Mott, Investment Director, Oxford Capital, says:  “Rumors of the death of Solar EIS are premature, but investors will need to get a move on if they want to benefit.

“Solar EIS still offers a convincing investment case for EIS investors. Our offering benefits from 30% tax relief and a relatively predictable cash flow, which should be attractive to financial or strategic acquirers after the three year EIS qualifying period.  Changes in regulations make this a one-off opportunity for investors and their advisers.”

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For further information please contact:

David Mott, Oxford Capital Partners     01865 860760
Mike Lord, Lord Public Relations       07831 401 311

 

Important Information

Your capital is at risk by investing in the above products and you should not consider an investment if you are not able to bear this risk. EIS tax advantages are only available to UK tax resident investors and legislation is subject to change. Oxford Capital does not give tax advice and if you are in any doubt about aspects of the EIS legislation then please contact a tax advisor.

 

Notes to editors

Founded in 1999 Oxford Capital is a specialist investment manager working on behalf of institutional and private investors.  Its focus is on investing in emerging companies around three super-growth themes of communications, healthcare and sustainability. Its expertise lies in accelerating businesses with potential for high growth into global markets.

Oxford Capital currently oversees a portfolio of around 25 companies, many of which have expanded into international markets in Europe, the US, Latin America, the Middle East and Asia.

The firm manages a range of funds designed for private investors, family offices and institutions to access growth capital opportunities and alternative investments. In the UK, Oxford Capital pioneered the tax efficient Enterprise Investment Scheme (EIS) fund which offers a range of tax advantages to investors.

Oxford Capital has offices in the UK and in Switzerland and manages an international network of partners and advisers to support the development of its portfolio companies.

 

Awards

  • Unquote British Private Equity Awards 2010
    Finalist: Venture House of the Year Award
  • Investor Allstars Awards 2010
    Finalist: Equity Gap Fund of the Year
  • Enterprise Investment Scheme Association Awards 2006.
    Winner: Best EIS Fund Manager
  • Investor Allstars Awards 2006
    Winner: Young Personality of the Year (David Mott)
  • Unquote Private Equity Awards 2005
    Winner: Venture Capital House of the Year

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