People often ask me what I actually do all day. It is a fair question, and the honest answer is that my work has become less about a single service and more about a small number of projects I know well enough to speak about with confidence.
I have never wanted a long list. Integrity over volume has been the principle from the start, and in practice that means I would rather understand a handful of things properly than be vaguely across dozens. What follows is that handful. Three Portugal solar and energy strategies, a residency route I introduce directly, and a clinical health business that sits a little apart from the rest but matters to me for reasons I will explain.
I have grouped them the way I think about them. Energy first, because that is where most of my time goes at the moment. Then residency. Then health.
The energy work: Portugal solar and storage
Most of my energy focus sits in Portugal and the wider Iberian region, and that is not an accident. Portugal has one of the strongest solar resources in Europe, a grid policy that is ahead of many of its neighbours, and a government that has been deliberately building the legal and physical infrastructure for a renewable economy rather than reluctantly complying with EU targets.
I have written separately about why the value in solar has moved well beyond the panels themselves and about why storage has become the piece the whole system now depends on. Those two ideas sit underneath all three of the strategies below.
Before I describe them, one important note. These are structured for qualified professional investors. They are not retail products and I do not promote them to a general audience. What I can do here is explain what each one is and why I think the approach is sound. Anything beyond that belongs in a proper conversation, with the documentation in front of you.
Solar45
Solar45 brings solar development together with co-located battery storage in Portugal.
What makes this approach interesting to me is the integration. A solar park on its own generates power when the sun decides, which is not always when the grid needs it most. Across Europe that mismatch has become an expensive problem, with negative electricity prices and curtailed output wasting genuinely useful energy. Pairing generation with storage on the same site addresses that directly. The asset captures power when it is abundant and cheap, holds it, and releases it when demand and prices rise. It also opens up revenue streams that a pure generation asset cannot access, such as grid balancing services.
That is not a clever trick. It is simply building the thing the system actually needs, in a country well suited to building it.
If you are a professional investor and this is the part of the market you want to understand better, the Solar45 page is the place to start reading, and I am happy to talk it through properly from there.
Baloico
Baloico takes a wider infrastructure lens, focused on the acquisition and growth of solar and battery storage assets across the Iberian region.
Where Solar45 is about integration at the project level, Baloico is about disciplined asset-level thinking at portfolio scale. The strategies that do well in this sector are rarely the ones with the best technology. They are the ones that get the unglamorous things right. Grid connection priority. Charging cycle management. Warranty structures. The credit quality of the counterparties on the other side of a contract. Identical hardware can produce very different outcomes depending on how those decisions are made.
That operational discipline is what I look for, and it is what a well-governed private structure can deliver in a way that a listed vehicle, exposed to sentiment and discount rate swings, often cannot.
The Baloico page sets out the approach for those who want to look closer.
Santa Marta
Santa Marta is a large-scale solar platform in the Algarve region of Portugal.
I will keep this one brief and high level, deliberately. It sits in one of the sunniest parts of Europe and follows the same logic as the serious solar deals I have watched close across the continent this year, which is to take a project through the difficult, value-creating stages of development rather than buying something already finished at full price. That journey, from land to permitted, grid-connected, revenue-backed asset, is where the real margin in this sector is made.
The Santa Marta page has more, and as with the others, the proper conversation starts with the documentation rather than a summary.
The residency work: Elite Golden Visa
The second strand of my work is investment migration, and specifically Portugal.
Elite Golden Visa is the route I introduce clients to directly. They handle the Portugal residency and Golden Visa process end to end, and they do it with real experience of what the application actually involves rather than what the brochures suggest.
Why I rate them comes down to something quite unglamorous. They understand sequencing. The families who find this process smooth are not the ones who picked the best fund. They are the ones who did things in the right order. Tax position considered before capital moves. School places explored before arrival, because the good ones fill nine to twelve months out. Paperwork gathered before the appointment rather than during. The people who struggle are almost always the people who treated the visa as the finish line rather than the starting gun.
Portugal itself continues to justify the attention. The residency route carries a notably light physical stay requirement, around seven days a year on average, which is what makes it workable for people with busy international lives. And even after a significant change to Portugal’s nationality law this year, capital has continued to flow into the programme rather than out of it. That is the behaviour of a durable planning tool, not a fad.
I have written more on why residency has quietly become a form of risk management and on how sustainability has reshaped these programmes if you want the fuller argument.
If Portugal is on your mind, the practical next step is to talk to the team at Elite Golden Visa about your own circumstances, or to speak to me first if you would rather think through whether the route fits before getting into process detail.
The health work: Envigore
The last one sits a little apart, and I include it because people are often surprised by it.
Envigore is a UK-licensed, clinician-led weight management and metabolic care service based in Edinburgh, at 23 Melville Street. Same building as my own office, as it happens.
What I find genuinely good about it is the structure rather than any single element. It is built as a healthcare business, not a subscription with a medical veneer. Assessment comes first and is reviewed by registered clinical professionals. Eligibility is decided case by case, and not everyone is suitable, which is exactly as it should be. Around the clinical core sits a multidisciplinary team, dieticians, fitness specialists and behavioural support among them, so that care is not fragmented across half a dozen unconnected providers. There are ongoing reviews rather than a single transaction and then silence.
That matters to me for a reason that goes beyond health. I have written before about why I think the durable value in this sector sits with providers who take clinical outcomes seriously, and it is because regulation is tightening and patient expectations are rising. Businesses built on volume rather than proper care tend not to be standing in ten years. When doing something properly and doing it sustainably point in the same direction, that is usually a good sign.
I should be clear about what I am not doing here. I am not a clinician, this is not medical advice, and nothing about weight or metabolic health should be decided from a blog post. If it is something you are considering, the right step is the clinical assessment at envigore.com, where the team can tell you whether it is appropriate for you, or a conversation with your own GP.
The thread running through all of it
I did not set out to build a portfolio that spans solar farms, European residency and metabolic health. Looked at from outside, it probably seems scattered.
From where I sit, it is not. Each of these is a long-horizon business in a sector where the difference between doing it well and doing it badly is enormous, and where most of that difference is invisible from the outside. Whether it is grid connection agreements, the order you file your paperwork in, or whether a clinician actually reviews your case, the quality lives in the details that nobody puts on a brochure.
That is the work. Understanding those details well enough to tell you honestly whether something fits your situation, and being equally willing to tell you when it does not.
If any of this is relevant to where you are right now, I am always glad to start with a straightforward conversation. You can find more about how I work at Stuart McKenzie Consultancy.
The energy strategies referenced are intended for qualified professional investors and are not offers or invitations to invest. Nothing here is investment, legal, tax or medical advice. Please seek appropriate professional advice before making any decision.
