SASC Bridge Finance is a revolving credit facility to support large scale community energy projects. It enables local groups to fund construction, acquire existing assets or underwrite community share offers. Asset ownership allows communities to generate their own energy and reinvest the profits to benefit local people.
The fund was formerly Leapfrog Bridge Finance. Social and Sustainable Capital acquired the fund from Pure Leapfrog in September 2020
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Fund size
£20 million -
Better Society Capital commitment
£20 million
Key information
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Geography
UK wide -
Investment type
Enterprise debt -
Fund manager
Social and Sustainable Capital -
Investment status
Current -
Investment date
2018 -
Term
4 years
Impact
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Amount of CO2 savings
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Total value of community benefit funds and savings across life of investments
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Number of people supported in 2018
Sustainable development goals
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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
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Other investors