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Energy Resilience Fund

The Energy Resilience Fund is blended loan and grant finance to enable Co-operatives, community businesses and social enterprises to retrofit energy generating/saving technology on community owned or managed buildings, with an initial focus on stabilising or reducing energy costs.

Fund Information:

  • Investment amounts from £10,000 to £150,000.
  • Up to 40% of the total is available as a grant, where justifiable to support cost stabilisation or reduction.
  • Energy Audit Grants are available for costs between £500 and £2,500, where these have not been completed.
  • Minimum Term 12 months, Maximum Term 7 years.
  • Interest Rate – 6.5% flat (11 – 12% APR)
  • Arrangement Fee – 1%.
  • Security – mainly unsecured.

Eligibility:

  • Own your building or have a significant lease (12 years or more).
  • Been declined by a bank.
  • Be a social enterprise.
  • Have clear social aims and objectives.
  • Based in England.

The target is high energy users, working in deprived communities or with marginalised groups/s.  

For more information contact:

Tim Coomer, Business Development Manager
tim@coopfinance.coop / 07342 674673

or

Kevin Lloyd-Evans, Lending and Relationship Manager
kevin@coopfinance.coop / 07506 336535

This is a time limited pilot partnership led by the Key Fund with funding and support from the Access Foundation, Power to Change, Big Society Capital and Barrow Cadbury Trust.

Energy Resilience Fund
Energy Resilience Fund