The new Green Retrofit Investment Programme has up to £100m available for investment in building retrofit projects and energy infrastructure projects where clear energy and carbon emissions savings will be found.
A total of £50m of the fund has come from the Government's Green Investment Bank.
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The scheme will support projects that deliver a reduction in energy demand, cost and greenhouse gas emissions in four areas. These are:
- Building retrofits
- Renewable heat
- Combined heat and power (CHP)
- Urban infrastructure
Speaking at the launch of the fund, Director of BRE Scotland, Rufus Logan, said the firm's role would be to provide strategic and technical support.
He added: "We will provide the hard evidence to help in assessing the risks, delivering performance and ensuring that projects get the recognition they deserve, through standards like BREEAM."
The fund is open to projects of £2m and over and provides backing for up to 100% of the project cost.
The return on investment will come from a proportion of the savings in energy bills.
(JP/CD)
