| LSC Launch £20 Million energy efficiency grants for colleges |
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7th December 2007 - LSC Launch £20 Million energy efficiency grants for colleges
The scheme is
part of the Government’s continued commitment to renew the FE estate and to
build sustainable colleges for the future.
Energy Efficiency Grants will
be available to FE colleges for projects costing up to £150,000 in total that
produce energy savings and reduce carbon emissions over a period of up to five
years. Colleges seeking grants for such projects need to apply by 11 February
2008 to be considered for the first phase, and successful projects will receive
funding in March and April 2008. Further details on the application process can
be found at www.salixfinance.co.uk/
The LSC is working in
partnership with Salix Finance to implement the scheme. The LSC will fund
projects, assessed by Salix, that deliver energy savings equal to the project’s
initial capital costs.
The launch
of Energy Efficiency Grants highlights the lead the LSC is taking in renewing
the FE estate and achieving sustainable development. The LSC is committed to
investing £600 million annually on capital projects by 2011 to renew the FE
estate, and over the past six years has approved grants of around £1.5 billion
to support 620 building projects in the learning and skills sector, worth a
total of around £3.8 billion. More than half of the FE estate has already been
renewed, providing high quality
Learning
and Skills Council |