Sale of 67C Fortune Green Road

July 14, 2026 Key decision Awaiting outcome View on council website

This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.

Summary

The Director of Environment and Sustainability approved the award of a community energy concession contract to Power Up North London Limited for a period of 20 years, commencing in July 2026, with an estimated value of £990,000. This decision was made on 14/07/2026. The contract involves the installation of solar panels on council buildings.

The Cabinet approved a procurement strategy for lamp column electric vehicle charge points, to be undertaken jointly with Islington Council. This decision was made on 17/09/2025. The strategy involves appointing a charge point operator to supply, install, operate, maintain, and decommission a minimum of 1,100 charge points over 15 years, with an estimated aggregate value of £42.2m.

The Cabinet agreed to the statement of intent on inclusive economic growth, to be used as a basis for developing a comprehensive strategy. This decision was made on 25/02/2026. The statement outlines the council's intention to focus on inclusive economic growth to ensure its benefits are shared across the borough.

The Cabinet is asked to note the findings of a review into the current Houses in Multiple Occupation (HMO) licensing scheme and agree to consult on proposals for a new five-year designation. This decision was made on 15/01/2025. Authority is delegated to the Executive Director Supporting Communities to implement the consultation.

The Cabinet is asked to agree the procurement strategy for a Carers Service contract with an initial term of four years and an option to extend for three years, at an estimated aggregate value of £6,314,798. This decision was made on 09/10/2024. The award of the contract is delegated to the Executive Director Adults and Health.

Full council record

Purpose

Following a procurement process, this report seeks approval for the award of contract to Power Up North London Limited (PUNL) to deliver a community energy concession contract, commencing on 27th July 2026 for a period of 20 years and an estimated concession value of £990,000. The concession contract has been valued based on the estimated total revenue to be generated by the concession, for 8 sites and any additional sites.

The contract is a below threshold concession contract, where the concessionaire will generate income from the installation of solar panels on the Council’s buildings.

The concessionaire will raise finance to fund and oversee the installation of solar and other energy saving technologies on Council buildings, schools and leisure centres.  The approach removes the need for capital investment by the Council and leads to the host building benefitting from improved energy efficiency.

A concession contract agreement will be entered into with the successful tenderer, and then individual tripartite licence agreements will be agreed between the Council, the Concessionaire, and the Occupier of each premises where solar energy installations are made, throughout the term of the Concession agreement. Additional sites may be identified throughout the term.

The Licence agreements may commence at different points during the concession contract and may vary in length from 5-20 years provided always that they conclude by the date at which the 20 year concession contract term concludes. A 15-year term is typically required as this is usually the time required to service finance.

The contract award report is being presented to the Director of Environment and Sustainability for approval in line with Contract Standing Orders. 

Decision

THAT the award of the community energy concession contract to Power Up North London Limited for a period of 240 months for the estimated concession value of £990,000, to commence in July 2026, be approved.

Supporting Documents

Appendix 1 - Review report of current scheme.pdf
Appendix 2 - Fees and charges 2025.pdf
Appendix A - Consultation Lettter Baldwin Gardens.pdf
Appendix 1 - List of Funded Interventions 2026-27.pdf
Report - Removal of street tree outside 22 Marsden Street.pdf
Appendix 1 - Carers EQIA Assessment.pdf
Cultural Strategy 2026-2031 report.pdf
Cultural Strategy Appendix 1.pdf
Cultural Strategy Appendix 2.pdf
Cultural Strategy Appendix 3.pdf
17 Islington and Camden Joint Cemetery Service Agreement report.pdf
17a Appendix A Heads of Terms - Islington Camden Cemetery Joint Cemetery Service Agreement.pdf
Appendix 1_EQIA Procurement strategy for LEVI Funded Lamp Column Electric Vehicle Charge Points.pdf
21 Supply of General Building Materials report.pdf
Procurement strategy for LEVI Funded Lamp Column Electric Vehicle Charge Points.pdf
21a Supplier for the Supply of General Building Materials - Appendix 1 - Equality Impact Assessment .pdf
Mechanical and Electrical Contracts report.pdf
Appendix 1 - Equality Impact Assessment - Mechanical and Electrical Services.pdf
Appendix 2 - Equalities Impact Assessment.pdf
Contract Award for Deep Clean report.pdf
Appendix 3 - Equalities Impact Assessment.pdf
Appendix 4 - Consultation questions.pdf
Review of additional HMO licensing scheme rpeort.pdf
Commissioning Strategy for Carers Support Services in Camden report.pdf
Report - Camden Food Partnership Grants 2025-26.pdf
Report - Award of Consultant Contract for the Wendling Estate and St Stephens Close.pdf
12 Medium Term Financial Strategy report.pdf
Decision Report - Baldwin Gardens.pdf
Report - Contract award for PSHE education programmes.pdf
Contract Variation to Drug and Alcohol Contract 2026-27.pdf
12 Inclusive Growth Statement report.pdf
12a Appendix A Inclusive Growth Statement.pdf
Report - Entering into a funding agreement between the Council and Camden Living Housing Association.pdf
12b APPENDIX B Reserves FINAL.pdf
12c Appendix C Quarter Two Monitoring.pdf
12a APPENDIX A Fees and Charges FINAL.pdf
Community energy partner concession contract award report.pdf

Details

OutcomeFor Determination
Decision date14 Jul 2026
Effective from3 Jan 2024
Originally due3 Nov 2025