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The Low Carbon Economy Ltd

27 Apr 2011 12:04:20

Siemens and Carbon Trust funding scheme opens for business

Siemens and Carbon Trust funding scheme opens for business
Applications are now being accepted for grants towards energy-efficient equipment provided by Siemens and the Carbon Trust.

Last month, the two organisations announced they will be making available £550 million over the next three years for UK companies looking to invest in low carbon technologies and more energy-efficient equipment.

The funding will be provided by Siemens Financial Services, while Carbon Trust Implementation Services will independently assess the energy, cost and carbon savings potential of all projects.

Carbon Trust Implementation Services is a subsidiary of the Carbon Trust which offers advice for businesses and organisations looking to execute low carbon projects.

Commenting when the funding was first announced, Tom Delay, chief executive of the Carbon Trust, said currently the "missing ingredient" needed to drive green growth was access to affordable finance for organisations to make their operations more energy efficient.

"This new major finance facility will improve business competitiveness, cut carbon and boost green growth," Mr Delay added.  ADNFCR-1235-ID-800512853-ADNFCR

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