UK HE/FE HEFCE Revolving Green Fund
The Salix Revolving Green Fund programme was established to help HEIs in England reduce carbon
emissions. The first round of the Revolving Green Fund (RGF1) was a partnership fund between HEFCE
and Salix Finance. £30 million was made available (£20 million from HEFCE and £10 million
from Salix Finance Ltd). Subsequent phases have been managed by HEFCE.
Revolving Green Fund 3
The HEFCE Revolving Green Fund (RGF3) was
established to help HEIs in England reduce carbon emissions. The fund consists of two strands covering
small-scale energy efficiency projects and larger exemplary retrofit projects. The fund operates as
a revolving loan where savings are used to finance the project over a repayment period.
"If the current level of success and trajectory of project implementation is sustained then the
RGF will lead to significant further carbon and cost savings, potentially up to 8.6% of
current English HEI carbon emissions every year" - HEFCE commissioned an independent report by Oakleigh Consulting Limited
The current RGF funding round closes on the 22nd of February 2013.
Many significant Data Synergy PowerMAN PC power management software projects have been implemented via the RGF and Data Synergy would be happy to
provide both reference sites and advice on the application process.