The only way is LEDs for Southend-on-Sea as it bags £13.3m Green Investment Bank loan

James Phillips
clock •

Green Investment Bank and Department for Transport provide support for seaside resort's energy efficiency upgrade

Southend-on-Sea in Essex has become the first local authority in England to secure finance from the Green Investment Bank (GIB) to upgrade its street lighting with low-energy LEDs. The GIB yesterday...

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

James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

View profile
More from James Phillips

Dalriada aims for net zero pension schemes by 2040 where it is sole-trustee

HSBC Bank's UK pension scheme sets 2050 net zero target

More on Investment

Global Briefing: Mexico completes record sustainable bond issuance
Investment

Global Briefing: Mexico completes record sustainable bond issuance

Mexico builds on its green bond momentum, China reports fall in fossil fuel generation, and the last Czech deep coal mine is to close

James Murray
James Murray
clock 23 January 2026 • 5 min read
Drax inks £42m deal to acquire Flexitricity
Investment

Drax inks £42m deal to acquire Flexitricity

Acquisition set to bolster energy giant's position in the fast-growing energy storage and flexible grid sectors

Amber Rolt
clock 21 January 2026 • 2 min read
British International Investment backs new $1bn development fund
Investment

British International Investment backs new $1bn development fund

Development finance agency to act as anchor for new Allianz Credit Emerging Markets fund, which promises to back wave of renewables, clean transport, and agriculture projects

James Murray
James Murray
clock 20 January 2026 • 3 min read