Smart Local Energy
The project aims to support energy projects across North Wales which will help achieve renewable energy and decarbonisation targets and have an element of local ownership. It will also help unlock private and community investment in new energy projects.
We are proposing to launch a Clean Energy Fund in 2025. We will announce further details in the upcoming months.
Local ownership is defined as assets owned by stakeholders located and operating in North Wales, whether that’s individuals, communities, businesses or other organisations.
Lead Sponsor:
Ambition North Wales has appointed WCVA and UMi, following a competitive procurement process, to prepare and mobilise its Clean Energy Fund which is due launch in 2025.
The fund will comprise of two sub-funds, with WCVA working in conjunction with Community Energy Wales on the voluntary sector sub-fund; and UMi leading the sub-fund targeting the private sector.
Target Investment
£25m
Growth Deal£2m
Other Public Sector£75m
Private Sector£102m
Total Investment