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Low Carbon Fund

The Low Carbon Fund will invest £15m to promote the production and distribution of energy derived from renewable sources. It is envisaged that this will take the form of debt and equity funding of up to £5m with a maximum term of 15 years.

The fund will be managed by GVA on behalf of the GMCA and is aimed at renewable / low carbon technology installations and district energy networks, with the focus on greenhouse gas reduction.