The London Efficient and Decentralised Generation of Energy (‘EDGE’) Fund
The London Efficient and Decentralised Generation of Energy (‘EDGE’) Fund
The London Efficient and Decentralised Generation of Energy (‘EDGE’) Fund is investing £100m into projects that support the Mayor of London’s net zero ambitions across London. The London EDGE Fund is independently managed by Sustainable Development Capital LLP (SDCL). EDGE is set up as a subscription model, and so no up-front capital is required of the recipient organisation. Instead, monthly payments will be made to SDCL.
Status: Open
About
Category: Loans & bonds
Type of financing: Equity & debt financing
Eligible applicants:
- Community group
- Cultural and heritage institution
- Education provider
- GLA group
- Health provider
- Local authority
- Social housing provider
Terms
Minimum amount: £10,000,000
Maximum amount: (not specified)
Return requirement: Yes
Maximum loan term: 10 years
Rate: Unpublished
Unpublished
Clients should be open to third party ownership and be able to sign a long-term contract of 10+ years. Project sponsors are not required to secure any upfront finance, but rather pay for the support ‘as a service’ through regular payments over an agreed timeframe.
Eligibility
Eligible projects:
- Heat network
- Non-domestic fabrics and energy efficiency
- Non-domestic heat decarbonisation
- Other
- Renewables (PV)
Please note: the Green Funding and Finance Finder may not be absolutely comprehensive. We strongly advise you to confirm all details directly with the relevant fund managers.
Green Funding & Finance Finder
Find more green funding and finance opportunities for your net zero project in the Green Funding & Finance Finder.
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