Green Deal loans spring back into life after acquisition

The Green Deal Finance Company (GDFC) has begun financing loans for the first time since July 2015. Its relaunch follows its acquisition from the UK Government in January 2017 and comes ahead of a wider rebrand and roll-out expected later this year. During this initial phase, the company says it will concentrate on assessing and improving the […]

New £5m Green Deal bond hits the market

The Green Deal Finance Company (GDFC) has launched a new bond offer, with the aim of raising £5 million. The sustainable finance group says money generated from its new bond will be used to accelerate the roll out of new initiatives at the company and further reduce carbon emissions. The green bond will be managed […]

£49m package for Green Deal loan company

A firm set up to provide loans as part of the government’s flagship energy efficiency programme is in line to receive a £49 million package. The Green Deal Finance Company (GDFC) said DECC has put forward a proposal to provide a £34 million fund, which is subject to contract. Private sector investors, including all the […]

Green Deal chasing “inbetweeners” for efficiency loans

The Green Deal is chasing the “inbetweeners” for energy efficiency loans according to its boss. Chief Executive Mark Bayley told MPs on parliament’s Energy and Climate Change Committee the scheme was good for people in a band between those couldn’t get energy schemes for free and those who have plenty of their own savings and could […]

Green deal to be made ‘easier and less time-consuming’

The Green Deal is to be streamlined to boost the uptake of energy efficiency measures, DECC announced today. The department said it would make the scheme “more straightforward and less time-consuming”. A new online tool is to be created to give consumers advice on how to save energy and how they can get help. If […]

DECC announces £7m loan for Green Deal

DECC has announced a £7million loan for the Green Deal to ensure the scheme is ready to offer finance next year. The Green Deal Finance Company (TGDFC) will provide the money to help Green Deal Providers offer low cost packages to consumers who upgrade their homes under the scheme. It will help homeowners and businesses […]

Green Deal companies double in number

The Green Deal Finance Company has doubled its membership since it was started in March, with the addition of 21 more companies joining. The industry-led consortium brings together firms which hope to finance energy efficiency measures in UK households. One of the group’s members, PricewaterhouseCoopers estimate more than 15 million UK homes are not properly […]