Zero Carbon Accelerator

Mayor’s Energy Efficiency Fund (MEEF)

Green Funding & Finance Finder

Mayor’s Energy Efficiency Fund (MEEF)

The Mayor’s Energy Efficiency Fund (MEEF) is a £500m investment fund that aims to deliver low carbon, sustainable projects and infrastructure to help London tackle the climate emergency. MEEF invests in technologies and projects that will deliver carbon and energy savings to the public and private sectors. A minimum of 70% of investments must be to the public sector. Up to 30% of investments can be in the private sector. The investment period is until May 2025.

Status: Closed

Category: Loans & bonds

Type of financing: Debt financing

Eligible applicants:

  • GLA group
  • Health provider
  • Local authority

Minimum amount: £1,500,000

Maximum amount: £20,000,000

Return requirement: Yes

Maximum loan term: 15 years

Rate: Unpublished

Unpublished

MEEF can fund up to 100% of the capital cost of a £0.5 million+ project and part fund large scale regeneration projects that will have low carbon credentials. Projects supported by MEEF should aim to deliver energy savings (kWh) from the Energy Conservation Measures (ECMs) of at least 20% and an annual CO₂ reduction of one tonne for every £7,000 of investment

Eligible projects:

  • Domestic fabrics and energy efficiency
  • Domestic heat decarbonisation
  • Heat network
  • Non-domestic fabrics and energy efficiency
  • Non-domestic heat decarbonisation
  • Other
  • Renewables (PV)
Find out more

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

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