Community Energy Fund

Fund enabling communities to develop renewable energy projects.

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The Fund provides small, low interest loans to community organisations in areas of high deprivation to pay for renewable energy assets and implement energy efficient measures. The Fund will lend up to 50% of the value of a project, up to a maximum of £50,000.

The community energy assets developed will deliver consistent income for 20-25 years and surpluses generated will be re-invested in community projects.

  • Fund size

    £5.7 million
  • Better Society Capital commitment

    £5 million

Key information

  • Geography

    UK wide
  • Investment type

    Enterprise debt
  • Fund manager

    Pure Leapfrog
  • Investment status

    Current
  • Investment date

    2012
  • Term

    10 years

Impact

  • 12

    Number of projects financed

  • £2,373,128

    Total value of community benefit funds and savings across life of investments

  • 1.8 tonnes

    Amount of CO2 savings

Sustainable development goals

  • 1: No Poverty End poverty in all its forms everywhere
  • 3: Good Health and Well-being Ensure healthy lives and promote well-being for all at all ages
  • 7: Affordable and Clean Energy Ensure access to affordable, reliable, sustainable and modern energy for all
  • 8: Decent Work and Economic Growth Promote sustained, inclusive and sustainable economic growth, full and productive employment and decent work for all
  • 11: Sustainable Cities and Communities Make cities and human settlements inclusive, safe, resilient and sustainable