£100m up for grabs for retrofit projects

BRE, a non-profit body providing research and advice on the built environment, has launched a scheme providing investment for retrofit energy efficiency projects.

£100 million is available for investments under the programme, set up with the help of Sustainable Development Capital, for building retrofit and energy infrastructure projects that lead to energy and carbon emissions savings.

The fund is open to projects worth £2 million or more, and financing is available for up to 100 per cent of the project cost.

Support will be given to developments that deliver reductions in energy demand, cost and carbon dioxide emissions, including building retrofits, combined heat and power and urban infrastructure.

Rufus Logan, director of BRE Scotland, said that the organisation’s role would be to provide strategic and technical support. ‘We will provide the hard evidence to help in assessing the risks, delivering performance and ensuring that projects get the recognition they deserve, through standards like Breeam,’ he said.