After an initial Salix pilot of four clients in 2007, HEFCE (now Office for Students) and Salix formed a partnership in 2008 and established a 50:50 investment of £20m. Today, there is a client base of 40 clients.
Each client has a sustainable ring-fenced fund and is able to recycle financial savings back into their fund for further investment. Since the start of the programme, £69m of project commitments have created over £282m of lifetime savings and annual carbon savings of over 96tCO2e (figures as of end of March 2019).
A list of RGF1 funds can be downloaded here.
More information on Office for Students (OFS) can be found on their website.