Energys welcomes new £100m funding pot for green retrofit
BRE along with partners Sustainable Development Capital Ltd have launched a new scheme to provide capital investment for non-domestic energy efficiency retrofit projects in the UK.
The new Green Retrofit Investment Programme has up to £100 million available for investment in building retrofit projects and energy infrastructure projects where clear energy and carbon emissions savings will result. £50m of the fund has come from the Government’s Green Investment Bank.
The scheme will support projects that deliver reduction in energy demand, cost and greenhouse gas emissions for four areas:
- Building retrofits
- Renewable heat
- Combined heat and power (CHP)
- Urban infrastructure.
The fund is open to projects of £2 million plus and provides backing for up to 100% of project cost. The return on investment will come from a proportion of the savings in energy bills. The programme is now open for applications; contact Rufus Logan, email: firstname.lastname@example.org.
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