Our bridge fund is a £15 million revolving loan facility from BSC, managed by Leapfrog Finance Ltd, to support large scale community energy projects, in particular solar. The facility is designed to fund construction, project acquisition, or to underwrite share offers.
The fund is designed to enable community groups to take ownership of between 15 and 30 MW of community energy projects over the next 12 months, in particular by taking advantage of the government’s Shared Ownership Protocol.
State aid measure - funding assistance to Ernesettle Community Solar Limited.
State aid measure - funding assistance to Verdant Community Energy C.I.C