Carbon And Energy Fund Scotland
Most of the framework bidders have delivered successful energy infrastructure upgrade projects for nhs trusts and most have now won projects under the cef and all have scottish subsidiaries or partners for cefs projects.
Carbon and energy fund scotland. The scottish government has announced plans to invest 1 4 billion in low carbon projects and create a 100 million green jobs fund as part of its plans for a green recovery. The fund provides commercial funding for renewable and low carbon energy solutions. The cefs is a partnership with hfs that exists to fund and support projects that meet a certain level of carbon savings per 1000 of investment required. A carbon and energy fund scotland option the installation is off balance sheet under ifrs and the health board trust incurs no capital or capital charge or depreciation costs.
It is managed on our behalf by the scottish investment bank which is part of scottish enterprise. The carbon and energy fund framework contains 10 companies that have passed a strict capability competence and financial check. There is no impact on the pbr.