Project:
Smart Local Energy
Overview:
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 fund to deliver the project early in 2024. 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:
Target Investment
£25m
Growth Deal£6.2m
Other Public Sector£75m
Private Sector£106.2m
Total Investment