Green Investment Bank launches £100m community renewables push

James Murray
clock •

Business Secretary Vince Cable announces initial £60m funding drive for community-scale projects, as work gets underway to attract a further £40m from co-investors

The Green Investment Bank (GIB) will today announce it is to open up a new front in its investment activity, confirming it is to team up with the Strathclyde Pension Fund (SPF) as part of a £100m funding...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Investment

'Fuelling the financial shocks of tomorrow': UK banks branded Europe's biggest backers of coal projects

'Fuelling the financial shocks of tomorrow': UK banks branded Europe's biggest backers of coal projects

UK banks provided $8.3bn in loans and underwriting to coal companies between 2022 and 2025, according to new data

Stuart Stone
clock 30 September 2026 • 5 min read
Christian Aid launches £20m investment vehicle to boost community climate resilience

Christian Aid launches £20m investment vehicle to boost community climate resilience

New fund will back locally-owned businesses, but charity warns investment cannot replace reduced aid budgets

Stuart Stone
clock 24 September 2026 • 4 min read
Governance and shareholder rights top sustainability concerns for asset owners

Governance and shareholder rights top sustainability concerns for asset owners

FTSE Russell survey also reveals growing concerns over how portfolios are being hit by escalating physical climate impacts

Michael Nelson, Investment Week
clock 23 September 2026 • 2 min read