Energy efficiency fund IPO raises £100m

Sustainable Development Capital LLP (SDCL) has raised £100m to invest in energy efficiency projects via an initial public offering. The SDCL Energy Efficiency Income Trust...

The SDCL Energy Efficiency Income Trust (SEEIT) has used most of the money it raised by floating last week to buy a portfolio of...

Bristol, Devon and Plymouth councils land euromillions for energy projects

Bristol, Devon and Plymouth Councils have a secured a further €1.9m in grant funding from the European Investment Bank and the European Commission to...

Onsite generation ‘will continue to boom’

Corporates have started to take carbon seriously. That will drive a boom in onsite generation and energy efficiency - regardless of Brexit, the end...

SDCL Energy Efficiency Income Trust buys more CHP projects

Sustainable Development Capital Limited's listed energy efficiency fund, SEEIT, has bought eight further CHP projects. CEO Jonathan Maxwell recently told The Energyst that the company...

Commission adopts new energy efficiency labels

The European Commission has adopted new energy labels that should help people more easily determine which TVs, fridges, dishwashers and washing machines are more...

Government mulls energy efficiency auction scheme

Government is considering how to design an auction-based approach to energy efficiency. The department for business, energy and industrial strategy (Beis) hopes to increase uptake...

Energy and carbon reporting: Compliance is not enough

Businesses can unlock genuine benefit by going beyond the compliance aspect of compliance schemes and instead harnessing mandated reporting as a tool for energy,...

Energy efficiency fund raises further £72m, eyes more buys

The company will use the money to acquire further projects, said chairman Tony Roper: “We are delighted with the support shown by both existing and...

Potential for micro-grids to increase resilience in an uncertain energy landscape

The rise of virtual power plants will be a key trend in 2019, according to ABB’s Sagnik Murthy. Speaking at The Energyst Event, he...

Businesses need a clear energy plan to combat climate change

With more businesses looking for less carbon-intense electricity sources, there are now a host of smaller energy suppliers taking on the ‘big six’, offering...

Energy being wasted by ageing transformer assets

Erika Wilson, from Wilson Power, believes there will be significant opportunities around the STOR markets and renewables in 2019, while the company is also...

Calls for government incentives to encourage investment in battery storage

Obtaining project export capability and capacity upgrades for battery storage or EV infrastructure projects can be extremely daunting and time consuming. G99 Professional Services...

Bridging the gap to decentralised energy

Energy security and cost concerns are highlighted as key barriers for UK industry to realise the benefits of decentralised energy, according to a report...

Half day seminar can help businesses turn energy compliance into big savings

A recent report from energy consultants Inenco asked the question: does energy reporting really deliver carbon savings? The short answer is ‘yes’. And the...

Prisons with oil-based heating are a key target for green energy projects, says MoJ

The Ministry of Justice is "seeking expert advice" on how it can achieve a 'net zero' target for its property portfolio - mainly prisons...

Cost still outweigh sustainability for UK energy managers

Less than one-fifth (18%) of UK energy managers say hitting sustainability targets is their number one business priority, according to a survey commissioned by...

Energy efficiency fund launches £40m placing

Sustainable Development Capital Limited is aiming to raise a further £40m to fund acquisitions for it's energy efficiency income trust (SEEIT). SEEIT is looking for...

Microsoft: We’ll be ‘carbon negative’ within 10 years

Microsoft has pledged to be carbon negative within a decade and to remove all the emissions it has ever produced by 2050. Moreover, from next...

SEEIT energy efficiency fund shakes off Covid, eyes big buys

Listed energy efficiency fund SEEIT is eyeing £300m worth of asset buys and said it is in “advanced negotiations” for three developments valued over...