Community Energy Fund
Our Community Energy Fund offers low interest loans to help communities, primarily in deprived areas, purchase their own renewable energy assets. The fund draws on a credit facility from Big Society Capital, a social investor, whilst funders and sponsors contribute to it through donations.
With a focus on positive social impact, the Community Energy Fund is designed to help community groups deliver their renewable and energy efficiency projects. These projects have positive social impacts in the local community and create benefits for the environment and local community economy.
To date the fund has provided 22 loans to projects totalling £1,174,028. These projects have helped communities to address issues of fuel poverty, take ownership of community assets, and deliver community led initiatives.
For every £1 loaned to a project, on average over £3.75 of net financial benefit is retained within communities.
For a detailed breakdown of the Community Energy Fund we have provided: