Revealing piece in the Telegraph this morning that the Carbon Trust is now prepared to lend up to £500,000 to small and mid-sized companies investing in energy efficiency projects. The previous average loan has been about £38,000 but, with more companies wanting to make larger investments in energy efficiency projects, the Carbon Trust is raising the threshold.
As the Telegraph reports, "Astrum, a military vehicle castings maker which employs 240 people, has become the government agency’s largest single borrower after it applied to replace its air compression system at its foundry in Stanhope, County Durham. The decision will cut the cost of generating compressed air by 50pc".
More about the Carbon Trust here.