Government'S Green Deal Resurrected

The government’s failed Green Deal scheme is set to be resurrected under the ownership of private sector investors. Green investors Greenstone Finance and Aurium Capital Markets have bought the Green Deal Finance Company (GDFC) and its loan book from the public sector for £40m. And they intend to relaunch the energy efficiency scheme - axed by the government in 2015 due to a lack of demand and low take-up - as they still see “exciting” potential. Under the Green Deal consumers were offered free or low cost green home improvements, which would be paid off through their energy bills.