Finance for Energy Efficiency Projects (Scotland)22nd July 2022

Scottish local authorities and universities are encouraged to apply for interest free loans to finance energy efficiency projects.

Through the Recycling Fund Scheme, Salix will provide ring-fenced funding in the form of a repayable grant which is matched by the participating public sector organisation to be spent on estate-wide energy efficiency retrofits.

The financial savings made from these projects are reinvested year-on-year for up to ten years to finance further energy reduction schemes.

Salix currently has 117 Recycling Fund partner organisations, with fund sizes varying from £100,000 to £1.6 million.

This scheme is closed to new applicants in England and Wales.