New green investment fund from Carbon Trust and Siemens opens for business

UK businesses can now apply for green equipment finance business loans from Carbon Trust and Siemens

UK businesses can now apply for green equipment finance from Carbon Trust and Siemens. Worth up to £550 million over the next three years, the dedicated low carbon finance scheme is the first of its kind and will enable UK businesses to invest in cost effective energy efficiency equipment and other low carbon technologies, such as new efficient lighting and biomass heating.

Siemens Financial Services UK Ltd will provide the financial backing and manage the provision of funding, whilst Carbon Trust Implementation Services Limited (a subsidiary of the Carbon Trust) will use its expertise in carbon saving from energy efficient technologies to independently assess the carbon, energy and cost savings of any project. This should enable the financing to pay for itself through energy savings and result in no net cost to the customer.

<a href="http://www.carbontrust.co.uk">The Carbon Trust</a>

Carbon Trust

Contact the Carbon Trust Press Office at   press@carbontrust.co.uk

About Siemens in the UK

Siemens was established in the United Kingdom 168 years ago and now employs around 16,000 people in the UK. Last year’s revenues were £4.1 billion. As a leading global engineering and technology services company, Siemens provides innovative solutions to help tackle the world’s major challenges, across the key sectors of energy, industry and healthcare. Siemens has offices and factories throughout the UK, with its headquarters in Frimley, Surrey. The company’s global headquarters is in Munich, Germany. For more information, visit   www.siemens.co.uk

For more information about SFS, contact:
Miu Wing Yim Dahl
Tel : +44 (0)207 402 0510  
miu@lindsellmarketing.com

The Siemens cross sector Financial Services (SFS)   is an international provider of financial solutions in the business-to-business area. With about 2,000 employees and an international network of financial companies coordinated by Siemens Financial Services GmbH, Munich, SFS supports Siemens as well as non-affiliated companies, focusing on the three sectors of energy, industry and healthcare. SFS finances infrastructure, equipment and working capital and act as a competent manager of financial risks within Siemens. For more information see:   www.siemens.com/finance

About Carbon Trust Implementation Services Limited

Carbon Trust Implementation Services offers implementation services to businesses and the public sector for low carbon projects and, in respect of the new finance scheme, will provide independent energy assessments for applications under the scheme, using clear and objective criteria. Carbon Trust Implementation Services is a wholly-owned subsidiary of the Carbon Trust.

For more information about Carbon Trust Implementation Services, contact: Carbon Trust Press office or go to www.carbontrust.co.uk/financing

About the Carbon Trust

The Carbon Trust is a not-for-profit company with the mission to accelerate the move to a low carbon economy, providing specialist support to business and the public sector to help cut carbon emissions, save energy and commercialise low carbon technologies. By stimulating low carbon action we contribute to key UK goals of lower carbon emissions, the development of low carbon businesses, increased energy security and associated jobs.

We help to cut carbon emissions now by

Providing specialist advice and finance to help organisations cut carbonSetting standards for carbon reduction

We reduce potential future carbon emissions by

Opening markets for low carbon technologiesLeading industry collaborations to commercialise technologiesInvesting in early stage low carbon companies

Siemens Financial Services was selected following an open tender process to partner with the Carbon Trust to provide finance, although financial products may be available from sources outside of the scheme.

 

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About Us

The Carbon Trust is a not-for-profit company with the mission to accelerate the move to a low carbon economy, providing specialist support to business and the public sector to help cut carbon emissions, save energy and commercialise low carbon technologies. By stimulating low carbon action we contribute to key UK goals of lower carbon emissions, the development of low carbon businesses, increased energy security and associated jobs.We help to cut carbon emissions now byProviding specialist advice and finance to help organisations cut carbonSetting standards for carbon reductionWe reduce potential future carbon emissions byOpening markets for low carbon technologiesLeading industry collaborations to commercialise technologiesInvesting in early stage low carbon companies

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