Presentation notes from seminar "Green Finance for your business: The funding options for Cleantech businesses and Low Carbon business initiatives. Are you investment ready?". Seminar hosted by Winter Rule and Low Carbon Team at Cornwall Development Company.
This document discusses a proposal to develop small and micro-scale hydropower generation across historic water wheel sites in the EU to help meet renewable energy goals. It introduces RESTOR-Hydro, a project that would identify suitable refurbishment sites, develop a model for community cooperatives, and address permitting and funding barriers. The European Small Hydropower Association and NettoWatt are introduced as partners committed to promoting renewable energy and local investment through cooperative ownership models for microhydro projects.
This document discusses developing small and micro-scale hydropower projects in Europe to meet renewable energy goals. It introduces RESTOR-Hydro, a project that seeks to identify suitable historic water wheel sites for refurbishment. It also introduces NettoWatt, a Belgian organization committed to local renewable energy projects using proven microhydro technology. The document provides information on funding opportunities through the Intelligent Energy Europe program and argues that BNP Paribas Fortis could support such projects by exploring suitable loans, advising, and obtaining a letter of support.
Connecticut Green Bank Stakeholder Webinar Quarter 4 FY17RudySturkCGB
Connecticut Green Bank Stakeholder Webinar Quarter 4 FY17 (presented Aug. 8, 2017) featuring CEO and President Bryan Garcia. A video of the presentation is also available on ctgreenbank.com.
The CEFC aims to accelerate Australia's transition to a low-carbon economy by increasing investment in emissions reduction. It has $10 billion to invest through 2018 in renewable energy, energy efficiency, and low-emissions technologies. The CEFC provides tailored financing and works with private sector banks to increase flows of capital into clean energy projects. Opportunities for investing in Australian solar, wind, and energy efficiency projects are estimated at $30 billion through 2020. The CEFC is addressing financing barriers for both small and large clean energy projects.
The document discusses options for local authorities to finance energy efficiency retrofit projects. It outlines several models local authorities could use, including renting roof space for solar panels, establishing a retrofit guarantee fund, facilitating private sector involvement, direct financing and delivery, and public-private partnerships. The strengths and issues of each model are examined. Case studies of Birmingham, Newcastle, and Nottingham councils working with EST are provided. EST also convenes a national Finance Innovators Group for knowledge sharing between local governments.
Bianca Sylvester, CEFC - About the CEFC: Experience setting up a green financ...OECD Environment
Presentation by Bianca Sylvester, CEFC - OECD Focus Group Discussion: Developing a green finance facility to catalyse private investment, 27 October 2020
West Lothian Council Environment Policy & Scrutiny Committee 04 11_14ChrisJCook
Linlithgow Natural Grid (LNG) aims to make Linlithgow energy independent through reducing energy consumption and installing renewable energy sources at no cost to consumers or the local council. LNG will adopt the "Least Carbon Fuel Cost" principle of minimizing carbon fuel inputs to maximize electricity, heat, and power outputs. It will be a company limited by guarantee with multiple stakeholders, acting as custodian of community energy infrastructure developed through partnerships. Initial proofs of concept like a solar roof and linking local energy sources could help cut Linlithgow's estimated £6.5 million in annual carbon fuel costs. The proposal invites the West Lothian Council to formally participate in LNG through supporting feasibility studies and designating
This document discusses a proposal to develop small and micro-scale hydropower generation across historic water wheel sites in the EU to help meet renewable energy goals. It introduces RESTOR-Hydro, a project that would identify suitable refurbishment sites, develop a model for community cooperatives, and address permitting and funding barriers. The European Small Hydropower Association and NettoWatt are introduced as partners committed to promoting renewable energy and local investment through cooperative ownership models for microhydro projects.
This document discusses developing small and micro-scale hydropower projects in Europe to meet renewable energy goals. It introduces RESTOR-Hydro, a project that seeks to identify suitable historic water wheel sites for refurbishment. It also introduces NettoWatt, a Belgian organization committed to local renewable energy projects using proven microhydro technology. The document provides information on funding opportunities through the Intelligent Energy Europe program and argues that BNP Paribas Fortis could support such projects by exploring suitable loans, advising, and obtaining a letter of support.
Connecticut Green Bank Stakeholder Webinar Quarter 4 FY17RudySturkCGB
Connecticut Green Bank Stakeholder Webinar Quarter 4 FY17 (presented Aug. 8, 2017) featuring CEO and President Bryan Garcia. A video of the presentation is also available on ctgreenbank.com.
The CEFC aims to accelerate Australia's transition to a low-carbon economy by increasing investment in emissions reduction. It has $10 billion to invest through 2018 in renewable energy, energy efficiency, and low-emissions technologies. The CEFC provides tailored financing and works with private sector banks to increase flows of capital into clean energy projects. Opportunities for investing in Australian solar, wind, and energy efficiency projects are estimated at $30 billion through 2020. The CEFC is addressing financing barriers for both small and large clean energy projects.
The document discusses options for local authorities to finance energy efficiency retrofit projects. It outlines several models local authorities could use, including renting roof space for solar panels, establishing a retrofit guarantee fund, facilitating private sector involvement, direct financing and delivery, and public-private partnerships. The strengths and issues of each model are examined. Case studies of Birmingham, Newcastle, and Nottingham councils working with EST are provided. EST also convenes a national Finance Innovators Group for knowledge sharing between local governments.
Bianca Sylvester, CEFC - About the CEFC: Experience setting up a green financ...OECD Environment
Presentation by Bianca Sylvester, CEFC - OECD Focus Group Discussion: Developing a green finance facility to catalyse private investment, 27 October 2020
West Lothian Council Environment Policy & Scrutiny Committee 04 11_14ChrisJCook
Linlithgow Natural Grid (LNG) aims to make Linlithgow energy independent through reducing energy consumption and installing renewable energy sources at no cost to consumers or the local council. LNG will adopt the "Least Carbon Fuel Cost" principle of minimizing carbon fuel inputs to maximize electricity, heat, and power outputs. It will be a company limited by guarantee with multiple stakeholders, acting as custodian of community energy infrastructure developed through partnerships. Initial proofs of concept like a solar roof and linking local energy sources could help cut Linlithgow's estimated £6.5 million in annual carbon fuel costs. The proposal invites the West Lothian Council to formally participate in LNG through supporting feasibility studies and designating
Dian Lestari, BFK, Ministry of Finance - Green Finance Facility to Support Cl...OECD Environment
Presentation by Dian Lestari, BFK, Ministry of Finance - OECD Focus Group Discussion: Developing a green finance facility to catalyse private investment, 27 October 2020
Colorado finance summit governors energy officesnugghome
The Governor's Energy Office aims to provide Coloradans with access to energy efficiency information, services, and finance opportunities. It launched the Recharge Colorado campaign and website to promote energy efficiency and renewable energy programs across the state. The campaign encourages small actions that create change towards a new energy economy. The Energy Office also partners with banks on financing programs like the residential clean energy loan program and energy star mortgage program. It established a $13 million fund to leverage efficiency and renewable projects through loans and loan loss reserves. Finally, it discussed legislation supporting Property Assessed Clean Energy financing for commercial and residential improvements.
This document summarizes a project to promote low carbon communities for businesses in Shropshire, UK. It provides details on the project management, targeted pilot communities, objectives, outcomes so far, sectors and technologies engaged, and next steps. Key points include that 18 schemes have been installed so far with 9 more approved, targeting a variety of sectors and technologies, and aiming to reduce carbon emissions and increase economic competitiveness through energy efficiency and renewable energy measures for local businesses.
Volos 3.0 proposes decentralizing financing and funding through prepayment models for land, energy, and taxes. This allows communities and consumers to lock in prices for housing, utilities, and taxes by prepaying upfront and getting credits returned over time. Protocols like Land Partnership and Energy Partnership align stakeholders through sharing revenues and managing costs collaboratively. A Guarantee Society and Clearing Union use pooled funds to guarantee transactions and handle defaults, providing an alternative to interest-based financing. Prepayment models incentivize efficiency and sustainability by tying returns to actual usage of resources.
The Case for Municipal Public Private PartnershipsNeil Mohan
The document discusses the infrastructure gap facing Ontario municipalities. It estimates that an additional $6 billion per year needs to be spent for the next 10 years, on top of existing spending, to close the infrastructure deficit in areas like roads/bridges, water/wastewater, transit, and solid waste management. This represents a significant burden for municipalities. The province provides municipalities with various tools to help address their infrastructure needs.
The document proposes creating a "Green Central Belt" development zone along canals in central Scotland, managed by a Green Central Belt Company. The company would use innovative financing like "prepay rental credits" to fund affordable, energy efficient housing in a sustainable way. Investors could invest in both short-term development and long-term affordable housing. Councils would set standards. The outcome would be regeneration along the canals through locally-controlled, low-carbon development and new financing options.
Akuo Investment Management is a leading provider of fund management services that offers investors access to diversified portfolios of long-term, project-financed, renewable energy infrastructure assets with well-defined cash flows. Our combination of entrepreneurial, industry, and regional expertise allows us to deliver innovative services and strong investment returns to our investors while at the same investing in assets that promote a more sustainable environment.
Island states - Renewable Energy Policy PioneersLeonardo ENERGY
As the cost of renewable energy technologies (RETs) has declined in recent years, many jurisdictions around the world are now faced with a market in which customer-sited generation is cheaper than power from the grid, a transformation that will have significant implications for renewable electricity (RE) development in the years ahead. Rather than paying a cost-based price for RE generation (as under many feed-in tariffs), or allowing onsite generation to be credited at the full retail rate (as under net metering) – two common approaches in mainland markets – island jurisdictions are beginning to introduce new kinds of policies to adapt to a world in which customer-sited RETs can generate power more cost-effectively than centralized supply options. Nowhere is this transformation more apparent than in island grids, where imported diesel and/or heavy fuel oil often result in generation costs above USD $0.50/kWh.
As this innovation advances, island jurisdictions are becoming policy laboratories, showcasing new ways of attempting to balance the solvency of the electricity system (including generation, transmission, and distribution) with the rapid rise of customer-sited generation. In the process, this webinar will examine whether island jurisdictions are indeed pointing the way forward, and if so, what it could mean for the future of renewable electricity policy.
http://www.leonardo-energy.org/webinar/island-states-renewable-energy-policy-pioneers
Karl Upston-Hooper will present on the energy efficiency market and energy service companies (ESCOs) in China. The presentation will cover the evolution of ESCOs in China, GreenStream's experience operating an ESCO business model in China, and challenges in the market. It will also discuss the EFFI program which aims to support growth of green tech small-and-medium enterprises from Finland in China through information sharing and developing cooperation models.
SPI Energy (NASDAQ: SPI) is an established green energy player with global operations in key markets in Australia, Europe, Japan and the United States. It is leveraging its sizable solar platform and industry expertise to make strategic investment opportunities in green industries with significant growth and earnings potential and/or industries than can benefit from green power. Learn more at www.SpiGroupsInfo.com.
Pak Suryadarma, METI - Indonesia's Experience with Corporate Sourcing of REOECD Environment
Presentation by Pak Suryadarma, Chairman of METI-Indonesia Renewable Energy Association, Focus Group Discussion: Corporate Sourcing of Renewables to Spur New Economic Activity and Foreign Investment, 13 October 2020
We’re so excited to share the new solutions we have available to the charter school community. Watch this Product & Resources Overview to learn about our new Energy solution and how efficient buildings make for better learning environments. Learn more at charterschoolcapital.org.
Presentation by Muhammed Sayed, DBSA - OECD Focus Group Discussion: Developing a green finance facility to catalyse private investment, 27 October 2020
Leo Park GCF - Green Climate Fund: Developing a green finance facility to cat...OECD Environment
The Green Climate Fund is the world's largest dedicated climate fund, established to help developing countries reduce greenhouse gas emissions and strengthen resilience to climate change impacts. It has pledged $9.8 billion for its first replenishment period and has approved 143 projects totaling $6.2 billion to date across 106 countries. The Fund uses its Private Sector Facility to promote private sector climate action through innovative financing instruments like loans, equity, and guarantees to de-risk investments and mobilize private capital for low-carbon and climate-resilient development. Examples of Private Sector Facility projects include a $56 million concessional loan and grant to the Development Bank of Southern Africa for a lending facility to catalyze $850 million in
This document summarizes an energy efficiency program between Origin Energy and Low Carbon Australia that provides on-bill financing for commercial and industrial customers to implement energy efficiency projects. The program offers end-to-end project support including audits, financing from Low Carbon Australia, repayment through utility bills, and guaranteed energy savings. It aims to make energy efficiency investments more accessible and reduce risks for customers. Initial results found that on-bill financing with guaranteed savings addressed key barriers to energy efficiency adoption.
DECC Energy Savings Opportunity Scheme (ESOS) South West Launch - Bristol - 1...The Future Economy Network
The presentation covered energy efficiency initiatives at Rolls-Royce in Bristol. It discussed establishing an energy charter and targets, identifying areas of high energy use, training energy champions, implementing shutdown procedures for holidays, upgrading lighting, and capturing heat from test cells. Measurable savings included £4,000 per weekend from shutdowns, £95,000 annually from LED lighting, and £7,500 per year from installing detuner covers. The presentation also outlined Unite Students' strategy to procure energy efficiently, reduce demand through behavior change and hardware upgrades, and lower emissions through renewables.
SPI Energy (NASDAQ: SPI) is an established green energy player with global operations in key markets in Australia, Europe, Japan and the United States. It is leveraging its sizable solar platform and industry expertise to make strategic investment opportunities in green industries with significant growth and earnings potential and/or industries than can benefit from green power. Learn more at www.SpiGroupsInfo.com.
Renewables East has had its busiest and most successful year to date, with over 250 company members. Despite economic challenges, renewable energy development has continued apace in the region. Renewables East has launched new programs in biofuels, resource efficiency, and combating fuel poverty. It has helped the region become a leading producer of renewable electricity in England, with over 20% of generation coming from renewables. Looking ahead, Renewables East will launch new initiatives to support low carbon development and tackle fuel poverty through the installation of energy efficiency measures and renewable technologies. Regional politicians praise Renewables East's work in helping deliver the government's renewable energy targets and create a low carbon economy.
1) The REDIBA initiative provided technical and legal support to municipalities in Barcelona province to implement energy efficiency and renewable energy projects.
2) Through REDIBA, 96 million euros was invested in 108 projects, far exceeding the initial 50 million euro target. This included 22 energy service company contracts totaling 61 million euros.
3) The projects are estimated to save over 52 million kWh of energy per year and reduce CO2 emissions by over 21,600 tons annually.
A seminar aimed at informing the potential investor of the practicalities of making an equity investment.
Event hosted by Winter Rule on 19 May 2011 - Part of Cornwall Business Week.
A prospectus is a document that discloses key information about a company and securities offering. It includes general company information, capital structure, details of the securities issue, litigation history, and other prescribed particulars. There is both civil and criminal liability for untrue statements in a prospectus. According to the "Golden Rule" established in a landmark case, all representations in a prospectus must be stated with strict accuracy. Omitting material facts that could impact the understanding of what is stated would constitute misrepresentation.
Dian Lestari, BFK, Ministry of Finance - Green Finance Facility to Support Cl...OECD Environment
Presentation by Dian Lestari, BFK, Ministry of Finance - OECD Focus Group Discussion: Developing a green finance facility to catalyse private investment, 27 October 2020
Colorado finance summit governors energy officesnugghome
The Governor's Energy Office aims to provide Coloradans with access to energy efficiency information, services, and finance opportunities. It launched the Recharge Colorado campaign and website to promote energy efficiency and renewable energy programs across the state. The campaign encourages small actions that create change towards a new energy economy. The Energy Office also partners with banks on financing programs like the residential clean energy loan program and energy star mortgage program. It established a $13 million fund to leverage efficiency and renewable projects through loans and loan loss reserves. Finally, it discussed legislation supporting Property Assessed Clean Energy financing for commercial and residential improvements.
This document summarizes a project to promote low carbon communities for businesses in Shropshire, UK. It provides details on the project management, targeted pilot communities, objectives, outcomes so far, sectors and technologies engaged, and next steps. Key points include that 18 schemes have been installed so far with 9 more approved, targeting a variety of sectors and technologies, and aiming to reduce carbon emissions and increase economic competitiveness through energy efficiency and renewable energy measures for local businesses.
Volos 3.0 proposes decentralizing financing and funding through prepayment models for land, energy, and taxes. This allows communities and consumers to lock in prices for housing, utilities, and taxes by prepaying upfront and getting credits returned over time. Protocols like Land Partnership and Energy Partnership align stakeholders through sharing revenues and managing costs collaboratively. A Guarantee Society and Clearing Union use pooled funds to guarantee transactions and handle defaults, providing an alternative to interest-based financing. Prepayment models incentivize efficiency and sustainability by tying returns to actual usage of resources.
The Case for Municipal Public Private PartnershipsNeil Mohan
The document discusses the infrastructure gap facing Ontario municipalities. It estimates that an additional $6 billion per year needs to be spent for the next 10 years, on top of existing spending, to close the infrastructure deficit in areas like roads/bridges, water/wastewater, transit, and solid waste management. This represents a significant burden for municipalities. The province provides municipalities with various tools to help address their infrastructure needs.
The document proposes creating a "Green Central Belt" development zone along canals in central Scotland, managed by a Green Central Belt Company. The company would use innovative financing like "prepay rental credits" to fund affordable, energy efficient housing in a sustainable way. Investors could invest in both short-term development and long-term affordable housing. Councils would set standards. The outcome would be regeneration along the canals through locally-controlled, low-carbon development and new financing options.
Akuo Investment Management is a leading provider of fund management services that offers investors access to diversified portfolios of long-term, project-financed, renewable energy infrastructure assets with well-defined cash flows. Our combination of entrepreneurial, industry, and regional expertise allows us to deliver innovative services and strong investment returns to our investors while at the same investing in assets that promote a more sustainable environment.
Island states - Renewable Energy Policy PioneersLeonardo ENERGY
As the cost of renewable energy technologies (RETs) has declined in recent years, many jurisdictions around the world are now faced with a market in which customer-sited generation is cheaper than power from the grid, a transformation that will have significant implications for renewable electricity (RE) development in the years ahead. Rather than paying a cost-based price for RE generation (as under many feed-in tariffs), or allowing onsite generation to be credited at the full retail rate (as under net metering) – two common approaches in mainland markets – island jurisdictions are beginning to introduce new kinds of policies to adapt to a world in which customer-sited RETs can generate power more cost-effectively than centralized supply options. Nowhere is this transformation more apparent than in island grids, where imported diesel and/or heavy fuel oil often result in generation costs above USD $0.50/kWh.
As this innovation advances, island jurisdictions are becoming policy laboratories, showcasing new ways of attempting to balance the solvency of the electricity system (including generation, transmission, and distribution) with the rapid rise of customer-sited generation. In the process, this webinar will examine whether island jurisdictions are indeed pointing the way forward, and if so, what it could mean for the future of renewable electricity policy.
http://www.leonardo-energy.org/webinar/island-states-renewable-energy-policy-pioneers
Karl Upston-Hooper will present on the energy efficiency market and energy service companies (ESCOs) in China. The presentation will cover the evolution of ESCOs in China, GreenStream's experience operating an ESCO business model in China, and challenges in the market. It will also discuss the EFFI program which aims to support growth of green tech small-and-medium enterprises from Finland in China through information sharing and developing cooperation models.
SPI Energy (NASDAQ: SPI) is an established green energy player with global operations in key markets in Australia, Europe, Japan and the United States. It is leveraging its sizable solar platform and industry expertise to make strategic investment opportunities in green industries with significant growth and earnings potential and/or industries than can benefit from green power. Learn more at www.SpiGroupsInfo.com.
Pak Suryadarma, METI - Indonesia's Experience with Corporate Sourcing of REOECD Environment
Presentation by Pak Suryadarma, Chairman of METI-Indonesia Renewable Energy Association, Focus Group Discussion: Corporate Sourcing of Renewables to Spur New Economic Activity and Foreign Investment, 13 October 2020
We’re so excited to share the new solutions we have available to the charter school community. Watch this Product & Resources Overview to learn about our new Energy solution and how efficient buildings make for better learning environments. Learn more at charterschoolcapital.org.
Presentation by Muhammed Sayed, DBSA - OECD Focus Group Discussion: Developing a green finance facility to catalyse private investment, 27 October 2020
Leo Park GCF - Green Climate Fund: Developing a green finance facility to cat...OECD Environment
The Green Climate Fund is the world's largest dedicated climate fund, established to help developing countries reduce greenhouse gas emissions and strengthen resilience to climate change impacts. It has pledged $9.8 billion for its first replenishment period and has approved 143 projects totaling $6.2 billion to date across 106 countries. The Fund uses its Private Sector Facility to promote private sector climate action through innovative financing instruments like loans, equity, and guarantees to de-risk investments and mobilize private capital for low-carbon and climate-resilient development. Examples of Private Sector Facility projects include a $56 million concessional loan and grant to the Development Bank of Southern Africa for a lending facility to catalyze $850 million in
This document summarizes an energy efficiency program between Origin Energy and Low Carbon Australia that provides on-bill financing for commercial and industrial customers to implement energy efficiency projects. The program offers end-to-end project support including audits, financing from Low Carbon Australia, repayment through utility bills, and guaranteed energy savings. It aims to make energy efficiency investments more accessible and reduce risks for customers. Initial results found that on-bill financing with guaranteed savings addressed key barriers to energy efficiency adoption.
DECC Energy Savings Opportunity Scheme (ESOS) South West Launch - Bristol - 1...The Future Economy Network
The presentation covered energy efficiency initiatives at Rolls-Royce in Bristol. It discussed establishing an energy charter and targets, identifying areas of high energy use, training energy champions, implementing shutdown procedures for holidays, upgrading lighting, and capturing heat from test cells. Measurable savings included £4,000 per weekend from shutdowns, £95,000 annually from LED lighting, and £7,500 per year from installing detuner covers. The presentation also outlined Unite Students' strategy to procure energy efficiently, reduce demand through behavior change and hardware upgrades, and lower emissions through renewables.
SPI Energy (NASDAQ: SPI) is an established green energy player with global operations in key markets in Australia, Europe, Japan and the United States. It is leveraging its sizable solar platform and industry expertise to make strategic investment opportunities in green industries with significant growth and earnings potential and/or industries than can benefit from green power. Learn more at www.SpiGroupsInfo.com.
Renewables East has had its busiest and most successful year to date, with over 250 company members. Despite economic challenges, renewable energy development has continued apace in the region. Renewables East has launched new programs in biofuels, resource efficiency, and combating fuel poverty. It has helped the region become a leading producer of renewable electricity in England, with over 20% of generation coming from renewables. Looking ahead, Renewables East will launch new initiatives to support low carbon development and tackle fuel poverty through the installation of energy efficiency measures and renewable technologies. Regional politicians praise Renewables East's work in helping deliver the government's renewable energy targets and create a low carbon economy.
1) The REDIBA initiative provided technical and legal support to municipalities in Barcelona province to implement energy efficiency and renewable energy projects.
2) Through REDIBA, 96 million euros was invested in 108 projects, far exceeding the initial 50 million euro target. This included 22 energy service company contracts totaling 61 million euros.
3) The projects are estimated to save over 52 million kWh of energy per year and reduce CO2 emissions by over 21,600 tons annually.
A seminar aimed at informing the potential investor of the practicalities of making an equity investment.
Event hosted by Winter Rule on 19 May 2011 - Part of Cornwall Business Week.
A prospectus is a document that discloses key information about a company and securities offering. It includes general company information, capital structure, details of the securities issue, litigation history, and other prescribed particulars. There is both civil and criminal liability for untrue statements in a prospectus. According to the "Golden Rule" established in a landmark case, all representations in a prospectus must be stated with strict accuracy. Omitting material facts that could impact the understanding of what is stated would constitute misrepresentation.
Copy of presentation from Finance in Cornwall 2011 hosted by Winter Rule on 19 May 2011. This seminar provides a quickstep guide to the finance and support available to SMEs in Cornwall.
Green Finance for your Business - 24 March 2011WinterRuleLLP
Presentation from seminar hosted by Winter Rule LLP and Low Carbon Team at Cornwall Development Company on subject of finance available to cleantech businesses or low carbon business initiatives in Cornwall/South West.
The Accounting Cycle: Step 2 - Journalizing leblanjo
Journalizing is the process of recording accounting transactions in journals. It involves recording the date, debit account, credit account, and source document for each transaction. The general journal is used to initially record transactions with two money columns for debits and credits. Opening entries record the beginning balances for accounts listed on the balance sheet through journal entries.
The document discusses how going green and adopting sustainable practices is good for business. It summarizes the key message from a UN climate change conference that businesses should be viewed as partners in climate action and that going green can increase profits. The rest of the document outlines examples of green initiatives and funding support available in Cornwall for businesses to develop renewable energy solutions and improve their sustainability. It provides details on the Cornwall New Energy project which supports local SMEs and examples of businesses they have worked with.
This document provides an overview of innovation in the energy sector and the UK government's support for low-carbon innovation. It discusses what innovation is, why it is important for achieving energy and climate goals, and examples of technologies being supported. It outlines the government's £1 billion annual spend on energy innovation and describes various programmes and funding mechanisms used to support both technology push through grants and demonstration projects, as well as market pull through subsidies and policies. International collaboration is also highlighted as important for delivering the scale of innovation needed.
Innovative Financial Models and Programmes for the Delivery of Energy Efficie...Steven Fawkes
Presentation setting out models of finance and programmes for Energy Efficiency Projects. Stresses the point that EE is only a small market and won't really change the way that finance works.
Accessing debt capital markets to finance energy efficiency investments in th...OECD Environment
National Policy Dialogue on “Improving Access to Green Finance for Small and Medium-Sized Enterprises in Georgia”
→ Accessing debt capital markets to finance energy efficiency investments in the SME sector: Experience from Mexico - Kristian Brining
The Cornwall Agri-food Council in partnership with PKF Francis Clark and the Cornwall and Isles of Scilly Local Enterprise Partnership are delighted to invite you to this seminar, which aims to help you navigate the world of grant funding. A range of support is available to farmers, food processors, forestry businesses, rural businesses and community and voluntary organisations in 2017 and the panel of speakers will guide you through the options available.
This document summarizes the opportunities and risks for financial institutions in carbon finance and the potential for an East Africa Carbon Exchange. It outlines the basics of carbon finance, including the role of carbon credits and current carbon market value. It then discusses the types of financial institutions involved in carbon finance and potential roles. Key risks for carbon credit projects are lack of sufficient emissions reductions, lack of expertise, upfront investment exposure, and difficulty demonstrating additionality. It argues for an East Africa Carbon Exchange to help develop carbon trading in the region by addressing barriers like the complexity of CDM procedures. Recommendations include collaborating across East Africa to develop customized methodologies, harmonize policies, and build institutional relationships.
The document discusses the role of the Development Bank of Southern Africa (DBSA) in mobilizing financing for green economy projects through mechanisms like the National Green Fund. It describes the types of funding and financing instruments provided by the Green Fund, including grants, loans, and equity, to support initiatives that promote renewable energy, low carbon development, and environmental management. The Green Fund aims to facilitate South Africa's transition to a greener economy through strategic investments across key sectors.
Sizing Renewable Energy Systems for Different Facilities and Translation to C...ACX
The document summarizes a workshop presented by Viability Africa on energy management and carbon credits. The workshop covered sizing renewable energy systems, industrial and domestic energy efficiency opportunities, and case studies. Viability Africa's vision is to be the leading clean technology advisory firm in East Africa by supporting sustainable projects and investments. They provide various advisory services related to carbon, energy, and the environment and have offices in Kenya and Tanzania.
As you may have read in our Grants and other Funding Update Newsletters, the funding landscape, specifically for grants, has been referred to as a revolving door. The latest entrants include various EISF calls, the South West Growth Fund & Innovation 4 Growth. We thought it opportune to run through the latest position on non-bank funding for SMEs, with a particular focus on the grant funding in your LEP area.
The document outlines a strategy to develop a low carbon economy in South Hampshire through a joint initiative between the Solent Local Enterprise Partnership, Partnership for Urban South Hampshire, and Hampshire Chambers of Commerce. It discusses the reasons for pursuing a low carbon economy, including rising energy costs, dependence on unstable foreign energy sources, and economic growth opportunities in the green technology sector. The strategy has three priorities: developing new low carbon and green technologies exploiting local strengths; improving resource efficiency in homes and businesses; and increasing secure, renewable and low carbon energy generation in the Solent region. It will be delivered through collaboration between businesses, universities, and local authorities, and will require securing funding from various national, European, and local sources.
This document discusses financing options for energy saving projects. It introduces the Carbon Trust, an organization that helps businesses reduce their carbon emissions through various services like advising on low-carbon opportunities, measuring environmental footprints, and implementing energy efficiency technologies. It outlines that energy efficiency projects provide high returns compared to other investments. However, lack of awareness, funds, and confidence in benefits are common barriers. Schemes like interest-free loans and financing are presented as ways to help overcome barriers and spur more energy efficiency projects.
SGIP supports and facilitates low carbon projects across Scotland by identifying projects and sources of finance, supporting development, and coordinating resources. It acts as a hub between project originators, public agencies, and sources of capital. SGIP has worked on over 200 projects worth over £6 billion, including waste to energy, biomass, solar, CHP/district heating, and low carbon transport. Its goals are increasing renewable energy generation and reducing emissions.
This document summarizes various funding options available to small and medium enterprises (SMEs) in the UK. It discusses government-backed grant programs like the Regional Growth Fund that provide up to 30% of project costs. It also outlines loan programs from sources like the British Business Bank, SWIG, and Santander. Alternative financing options like crowdfunding platforms are mentioned as well. The document provides details on eligibility and terms for these various funding sources aimed at helping UK SMEs obtain financing.
This document provides an agenda for a finance event in the South West of England in 2014. It includes background on grants from 8:30am to 9:35am, followed by a keynote speech. From 9:55am to 11:10am there will be a session on SME experience, rewards, debt and equity. The event then continues with sessions on becoming investment ready and business support, followed by a closing address and networking.
HUB:BLE-1 Boosting Local Enterprise - Business AdviceSpace IDEAS Hub
HUB:BLE-1 Boosting Local Enterprise -
Session 2 - Business Advice
Including: Business loans without banks, export marketing research, supportive environments for business and satellite applications catapult
Francis Clark is delighted to present our 9th annual Finance in Cornwall event, which has become an integral part of ‘Cornwall Business Week’.
The event looks to bring together people representing the funding and support streams potentially available to SMEs. Therefore, the event is of great relevance to Business Owners and Managers looking to find the best finance options available for their business and the support on offer to help them achieve their aims.
This year's event includes presentations from the big banks as well as the "alternative" finance providers. There will also be a number of organisations contracted to provide business support; including the providers of the Growth Hub and an update on 'European Funding'.
Towards a Low Carbon Future – Opportunities for BusinessAJCBI
This document summarizes a presentation given by the Carbon Trust about opportunities for businesses in moving to a low carbon future. The Carbon Trust was established by the UK government to accelerate the transition to a low carbon economy. It helps businesses and the public sector cut carbon emissions now through advice and financing, and cut future emissions by developing new technologies. Significant carbon savings and cost savings have already been achieved. Moving forward requires support for low carbon innovation, developing opportunities like offshore wind, and overcoming barriers to deployment of new technologies. The transition presents both risks and opportunities for companies to gain value by preparing for a low carbon economy.
This document summarizes a breakfast briefing on green business and green Cornwall held on March 5th, 2020. It provides an agenda for the event including introductions to Fourth Element and Cornwall Council's Climate Change team, as well as examples of assistance provided to local businesses to address sustainability. The briefing covered PKF Francis Clark's work in areas like energy reporting and sustainable investment mandates. Upcoming events on topics like the circular economy, construction, and sustainable finance were also announced.
Similar to Green Finance Business Seminar 24 March 2011 (20)
1. Green Finance
A breakfast time guide to finance and support available in the South West
(Cornwall) to Businesses looking to embrace Low Carbon/Renewables
www.winterrule.co.uk
Administration
Admin
Timetable
Presenters…
Presenters
3 www.winterrule.co.uk
1
2. Green Finance
Presentations
• Summary of ‘green finance’
• ‘Low Carbon Grant Fund’
• SW Cleantech Co-Investment Fund
• Venture Capital
• Investment Readiness
Q&A session
4 www.winterrule.co.uk
Green Finance:
what’s out there today? (in 7 minutes)
Summary of ‘Green Finance’ potentially available to SW Companies/
Entrepreneurs’ looking to engage with Low Carbon Economy
Richard Wadman, Corporate Finance Director, Winter Rule LLP
5 www.winterrule.co.uk
Assessment: Recognition of opportunity and requirements?
• The Carbon Trust commissioned
independent research which found that:
• While more businesses in the South West see green growth as
an opportunity (67%) compared to the rest of the UK
• And over three quarters recognise the business benefits an
enhanced ‘green’ reputation can bring to their organisation
(76%)
• fewer than 1 in 3 are actively developing greener products and
services (30%)
• and two thirds do not have an annual plan to reduce carbon
emissions (65%)
• Attendance at events incl. ‘M&S event’
• Finance required to stimulate action?
6 www.winterrule.co.uk
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3. Caveats and acknowledgements…
7 www.winterrule.co.uk
Fluid: watch this space
In the past month…
• Green Investment Bank: House of Commons
Report
• “Feed-in Tariffs: Consultation on fast-track
review for small scale low carbon electricity”
- DECC
• “£550m green funding package
unveiled”(Carbon Trust and Siemens)
• Low Carbon Grant Fund?
8 www.winterrule.co.uk
Green Finance: What’s not in?
Green Investment Bank
• “£1bn of capital to fund clean energy and low-carbon projects.”
• Report on 12 March by House of Commons Environmental
Audit Committee
• Treasury: ONS classify bank as Public Sector (impact on deficit
reduction?)
• No decision until 2014 / 15 as to whether bank can borrow?
• http://www.guardian.co.uk/politics/2011/mar/18/green-revolution-hit-curbs-bank
• Budget (yesterday) – £3bn to be in funds by 2012/13; able to
borrow in 2015
Business Link Capital Grants
• Close 31 March (- 10 days)
9 www.winterrule.co.uk
3
4. What’s out
EIS/ VCT for investment in companies whose
trade exists whose trade [ ] in the receipt of
FITs
• where commercial electricity production commences after 6 April
2012
• For shares issued after 23 March 2011
10 www.winterrule.co.uk
Green Finance: What’s in and/or coming soon?
National SW Region/ Cornwall
Renewable Energy FITs and ROCs Low Carbon Grant Fund
Production RHIs RDPE
Carbon reduction/ The Carbon Trust – Property Gap Funding
Energy and/or Resource interest free loans
Efficiency RDPE - SWARM
‘Green Equipment
Finance – Siemens
Cleantech businesses Venture Capital/ SW Cleantech Co-
Business Angel (Note 1) Investment Fund
Grant for Business
Investment (Note 1)
Note 1: Funding source not explicitly for this
Note 2: Banks, including Triodos, Co-op and Santander and VCTs actively engaged in Renewable Energy
11 www.winterrule.co.uk
Finance: Renewable Energy
FITs
• FITs introduced 1 April 2010
• Consultation of Fast Track Review – March 2011
• Solar PV > 50kWh, proposed new FITs
• 50kWh – 150kWh TIC: 19.0p/ kWh (31.4p or 29.3p/kWh + RPI)
• 150kWh – 250kWh TIC: 15.0p/kWh (29.3p/kWh + RPI)
• 250kWh – 5MW TIC and stand alone: 8.5p/kWh (29.3p/kWh + RPI)
• Effective from 1 August 2011
• Farm scale AD (of up to 500kW)
• <250kW TIC: 14.0p/kWh (11.5p/kWh)
• 250kW – 500kw TIC: 13.0/kWh (11.5p/kWh)
• Responses by 6 May 2011
• Cornwall specifically mentioned in consultation document
(6/10 planning permissions for solar PV farms)
12 www.winterrule.co.uk
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5. Finance: Renewable Energy
• FITs
• Co-ordinated response from ‘Cornwall’?
• Better handling = one key message
• Investors require certainty…
• Electricity Market Reform
• Consultation Document – December 2010
• Responses closed – 10 March 2011
• RHI
• Details announced 10 March 2011
• Two phases – first targeted at ‘big emitters’/ non-domestic
• Tariff tables
• Approval by parliament Summer 2011?
• http://www.decc.gov.uk/en/content/cms/what_we_do/uk_supply/energy_mix/renewable/policy/incentive/incentive.aspx
13 www.winterrule.co.uk
Finance: Renewable Energy/ Energy Efficiency
Low Carbon Grant Fund
RDPE
• Farmers (R4F and S4P):
• free advice on Resource Management and
• up to £10k grant for capital works
• Food processor (with expansion plans)
• Upgrade of existing equipment (if not replacing like 4 like)
• www.sw-ruralgateway.info
14 www.winterrule.co.uk
Finance: Energy Efficiency Finance Scheme
• “Energy Efficiency Finance Scheme”
• Siemens and The Carbon Trust
• Loan: “affordable” payback to mirror energy savings
• 1 to 7+ years
• £1k min; £30k average
• Energy Efficiency Equipment and Low Carbon Technologies
• Efficient Lighting and Biomas Heating
• Carbon Trust List of suppliers +
• Applications open 4 April 2011
• www.carbontrust .co.uk?
• The Carbon Trust
• Interest Free Loans – until 28 March 2011
• www.carbontrust.co.uk
15 www.winterrule.co.uk
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6. Finance: Cleantech
• Business Angels
• www.swain.org.uk
• Venture Capital
• E.g., Horatio Investments
• South West Cleantech Co-Investment Fund
16 www.winterrule.co.uk
Finance: Low Carbon
• Own Funds
• “Retailer Marks and Spencer is another firm reaping the
benefits of its greener products. Its Plan A initiative saving the
firm £50m a year in efficiency savings alone” – Mike Barry,
Head of Sustainable Business at M&S
• Other
• Triodos Bank ‘cheap loans to sustainable caterers’
• Gold or Silver Food for Life Catering Mark from Soil
Association
• > £25,000 @ 1% discount from their normal interest rates
(of 3-6%)
17 www.winterrule.co.uk
The Low Carbon Grant
Fund (LCGF).
Stuart Farmer - Cornwall Development Company (CDC)
Josie Gough - South West Regional Development Agency
(SWRDA)
24 March 2011
6
7. Aim of presentation
To raise awareness early, during LCGF development
Phase
To provide an opportunity for Cornwall and Isles of
Scilly businesses to provide input & comment on design
To answer some key questions we suspect may come up:
What...?
Why...?
Who...?
When...?
Where...?
www.cornwall.gov.uk
What is LCGF?
LCGF is a fund up to £4m - £5m (first Call)
which is proposed to support ERDF eligible businesses
Improved their energy / resource efficiency
Enable the generation of low carbon energy
…….. In order to reduce their carbon footprint
www.cornwall.gov.uk
What will investment
propositions be judged on?
Key Factor....
Carbon saved per £ invested
Other Factors….
Innovation
Economic benefits to the business (productivity / jobs)
Wider economic benefits to Cornwall & IOS (Supply-chain
development/ R&D Links/ Best practice dissemination)
www.cornwall.gov.uk
7
8. Why is LCGF needed?
Supports ERDF Convergence cross cutting commitments to
Carbon Reduction
LCGF will invest in projects that have Carbon Reduction as
their primary outcome where
They are not supported through existing schemes (FIT /
RHI etc…..)
Mandated through the existing regulatory framework
Would otherwise be undeliverable due to issues of
commercial viability
www.cornwall.gov.uk
Who can be apply for LCGF?
ERDF eligible businesses in Cornwall and the IOS
Projects which are seeking an ERDF Convergence
investment between £70K to £1m (appropriate level of
match will be required)
Further eligibility details will be provided with the call
www.cornwall.gov.uk
Stage One Stage Two
Expected
Receive and appraise
Design LCGF September 2011 Full Application
Currently Here 1st Stage EOI
No
Letter Advising
Expected Early Call For EOI’s Unsuccessful Successful
Invites for
May 2011 1st Stage EOI Yes
Expected Late
Expected Close Call ERDF Appraisal
Asses EOI’s October 2011
June 2011
Expected Late Endorsement &
Letter Advising No
November 2011 Advisory Group
Unsuccessful Successful
Yes No
Letter Advising
Unsuccessful Successful
Expected Invite Full Application
Late July 2011 Yes
Expected
Grant Awarded
Early 2012
Monitoring &
Contract Management
www.cornwall.gov.uk
8
9. Where can business go to engage?
The EOI to be issued in May will contain detailed
information and contact details
An open LCGF workshop will be held in ???? for interested
businesses
We would suggest businesses wait until the call for EOI is
issued. However in the case of any URGENT queries or
points, please contact Janet Bowen at
jbowen@cornwall.go.uk
www.cornwall.gov.uk
Thanks For Your Time
Cornwall Council
County Hall
Truro TR1 3AY
Tel: 0300 1234 100
www.cornwall.gov.uk
www.cornwall.gov.uk
South West Cleantech Co-
investment Fund
A fund aimed at stimulating equity investment into Cleantech businesses in the
South West
Richard Wadman, Corporate Finance Director, Winter Rule LLP
27 www.winterrule.co.uk
9
10. SW Cleantech Co-investment Fund
The “concept”
• ‘At Risk’ Funds Loaned
• Encouragement for equity investment from Business Angels and
VC’s
Targeted at
• Cleantech sector
• SW Region
Amount
• Min £50k, Max £100k
• Match with equity in investment
28
Risk Funds
Term Loan
• 3 or 5 years
• Interest @ 10%
• “No capital or interest for term of the loan”
Security
• Debenture (subordinated to existing commercial lenders)
29
Fund Secretariat (Not Fund Management)
Why?
• Not to be a barrier to applications (costs of DD etc)
• Maximisation of use of funds (£2.5m pot)
How?
• Equity investor does ‘due diligence’
• If they invest in ordinary shares then ‘ok’ for fund
Fees
• Arrangement fee of 2%
• Annual monitoring fee 1%
30
10
11. Fund Secretariat
Implications
• Keystone Investor required
• Experienced investor
• ‘Sign off’ by SWAIN www.swain.org.uk
• No previous relationship with company
• Can not be connected (EIS rules, < 30%)
• Due Diligence performed by Investor (but no explicit
reliance taken by Fund on this)
• Investment in cash
• Investment to be in ordinary shares
• No business plan required
31
Cleantech?
Companies which
“support and deliver low carbon’ technologies”
Low carbon/Cleantech
Knowledge based products or services, that:
Provide superior performance at lower
Greatly reducing or eliminating carbon production,
Improving the productive and responsible use of natural
resources
32
Cleantech?
Cleantech: areas of activity
Core technologies Other technologies?
Energy Generation Agriculture
Energy Infrastructure Materials
Energy Efficiency Recycling & Waste
Energy Storage Water & Wastewater
Transportation Manufacturing/Industrial
Air & Environment
Certification process
33
11
12. Application Process
Pre-Application
• SWAIN www.swain.org.uk
• Keystone Investor
• Qualifying Company – SME based in SW
• Cleantech certification
34
Application Process
Application
• Fund Secretariat
• Application Form, including Carbon Compass
• Cleantech and Keystone Investor
Draw-Down
• Fund Secretariat
• Draw Down Form
35
Applications to date and issues...
Issues
Existing relationship b/w Investor and Co
Cleantech?
No Keystone Investor
SW?
One offer made
36
12
13. Post investment
Monitoring
Financial
Employment
Environmental
37
Summary
• Matched funding for Investment in
Cleantech companies
• Keystone Investor required
• Initial enquires to SWAIN
www.swain.org.uk
• More information
http://www.swain.org.uk/CleanTech.aspx
38
Andrew Maynard
13
14. Horatio Investments
What do Venture Capitalists look for?
What does Horatio look for?
Some dos and don’ts
Is Cleantech different?
Opportunities for strong returns
Very selective – 2% succeed
Alignment (in theory)
More than just ideas
Ultimately a “Leap of Faith”
14
15. Opportunity to invest £100k to £500k
Wide range of sectors
Potential for significant growth
Work with the team to develop their business
Based in South West and South Wales
Do:
◦ Research the VCs
◦ Prepare a detailed plan
◦ Demonstrate your commitment
Don’t:
◦ Have an unrealistic valuation
◦ Leave it too late
◦ Use a top down sales approach
Not really
Technical knowledge
Market Factors
Specific sources of funding
15
16. Winter Rule 24 March
UEC Enterprises Ltd
Dr Mark Scibor-Rylski
Rob Misselbrook CFA
47
What we do
48
16
17. How we select – Proactive approach to
-Value Proposition – why will customers buy your product or
service
-Market Potential – local, UK, International
-Barriers – IP, know-how, relationships
-Management – Experience, knowledge
-Financials – What’s required, structure
[ESI Impact – Environmental Benefit, Job Creation]
49
17