EIB grant for energy in Birmingham
Monday 09 July 2012
The European Investment Bank (EIB) issued a grant of GBP1.3 million, on 6 July, to the innovative Birmingham Energy Savers (BES) initiative, launched by the Birmingham City Council in the United Kingdom. The funding will be used to cover the costs of specific technical assistance and comes in the framework of the European Local Energy Assistance (ELENA) mechanism. The BES scheme aims to equip 60,000 homes with energy saving equipment, such as new boilers, improved insulation and solar panels. In addition to contributing to the programme’s start-up, the funding will help cover the costs of feasibility studies and development activities, such as supply chain development.