UK Green Investments
The Government has paved the way for the establishment of the UK Green Investment Bank by making investments, on commercial terms, in green infrastructure via BIS's UK Green Investments (UKGI) team.
UKGI has set up four investment funds, committing £80 million to two fund managers to co invest in smaller waste and energy from waste projects ; and £100 million to two fund managers to co invest in smaller non-domestic energy efficiency projects. Smaller scale projects are typically below £30m. One of the waste fund managers has recently invested £2 million with a further £2 million of matching private sector funding, in a £21 million project to build a food and green waste processing plant in Dagenham.