We can enable NHS trusts, universities, local authorities, central government and other public sector bodies to improve energy efficiency, attain emissions targets, reduce energy bills and raise green credentials. We do this by providing loans and ring-fenced conditional grants to make effective, long-lasting carbon saving projects happen in the public sector.
Salix has public funding from the Carbon Trust and uses this in two forms:
A recycling fund, whereby a public sector body is given money to fund a number of projects. The client can continue to recycle energy savings returned to the fund into more projects, always maintaining the value of the fund at a constant level. Money is returned to Salix only when no more suitable projects can be found.
Loans targeted at specific projects, which when completed repay their costs to Salix from the energy savings.
Once fully committed, our funded programmes should deliver over £600m of energy bill savings and save nearly 3.5m tonnes of CO2 over their lifetime.
Salix Finance Ltd is a not for profit company limited by guarantee and registered in
England and Wales
under Company
number
5068355
with its Registered Office at 65 Kingsway, London WC2B 6TD
