Halen Môn secures a £77k green loan from the Development Bank of Wales to install solar panels
The funding from the Green Business Loan Scheme will help power the Anglesey salt harvesting and visitor centre.
Welsh business harvesting sea salt in Anglesey for international markets and top restaurants.
Halen Môn has secured a £77k green loan from the Development Bank of Wales to install a new solar panel system at its Anglesey visitor centre. The funding, delivered through the Green Business Loan Scheme, will cover all energy needs for the Tŷ Halen site and allow excess electricity to be exported back to the grid. The installation is projected to reduce carbon emissions by over 380 tonnes annually.
Founded by David and Alison Lea-Wilson, the business supplies high-end restaurants and major supermarkets with sea salt harvested from the Menai Strait. The latest financing forms part of ongoing efforts by the founders to improve energy efficiency and lower the company carbon footprint.
From the founder
"Given the amount of roof space on our saltcote and visitor centre at Tŷ Halen, having solar panels installed at the site to cut our carbon output and our energy bills was an obvious next step, and the support provided via the Green Business Loan Scheme was exactly what we needed."
Alison Lea-Wilson
co-founder at Halen Môn
Investor perspective
"Working with the team at Halen Môn was a pleasure. They’re one of Wales’ most recognisable brands and this is one of a number of investments the business has received from the Development Bank of Wales, and we’re proud to have supported them with the Green Business Loan Scheme as they progress in their decarbonisation journey."
John Babalola
Assistant Investment Executive, Development Bank of Wales
Use of funds
- 01Build out infrastructure