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£24m green energy fund to drive low carbon future
Western Mail
|July 16, 2025
A NEW £24.6m fund aimed at accelerating the transition of the economy of north Wales into a low carbon one, has been launched.
The Clean Energy Fund is from Ambition North Wales, which operates as the region's statutory status corporate joint committee and oversees the investment from the £240m North Wales Growth Deal, funded by the UK and Welsh governments.
Funded by the Growth Deal, the fund will provide financial support primarily for businesses and voluntary-sector organisations, wanting to deliver clean energy or decarbonisation projects.
The fund, which will run over a five-year period initially, consists of two key sub-funds: A voluntary sector sub-fund led by WCVA - designed for charities, social enterprises, and community-led projects; and a private sector sub-fund for businesses delivered by UMi.
A third reserve fund can consider applications from other organisations and alternative funding models.
Cette histoire est tirée de l'édition July 16, 2025 de Western Mail.
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