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http://www.greenoptions.com/t/5219/crown-jakarta-capital-eco-management-news-green-investment-bank Investment of £4.9 million to be provided for the replacement of inefficient heating systems with biomass boilers Energy Saving Investments (ESI), an Equitix managed fund in which the UK Green Investment Bank (GIB) is a cornerstone investor, has announced a fund of £4.9 million for its first energy efficiency project. The funding will join a further £5.1 million investment provided by the Equitix Energy Efficiency Fund (EEEF) to replace inefficient heating systems with biomass boilers in both public and private community facilities. The £10 million investment is being made through the energy services company Roundwood Energy Limitedwhich is responsible for financing, installing, maintaining and fuelling the new systems for a period of up to 20 years. The company is supported by its technology partner, Woodpecker Energy Limited of Yeovil, Somerset, which manufactures wood pellet and wood chip biomass boilers. Non-domestic energy efficiency (NDEE) is one of the Green Bank's priority sectors. The bank awarded the competitive fund mandate to Equitix to invest £50 million, matched by private investors, to drive investment in small-scale low carbon infrastructure requiring less than £30 million of financing. The investment could fund over 60 projects in both private and public sectors thereby saving customers up to 30 percent on their energy bills as well as reducing carbon emissions and supporting the green economy. Customers will not need to make an upfront capital investment in order to switch their heating systems to biomass and applications are now open. "The Green Investment Bank is helping to fund energy efficiency measures for everyone from our largest companies, to individual households through the Green Deal" said Shaun Kingsbury, Chief Executive of the Green Investment Bank. "Today's announcement will provide a low-cost and straightforward way for a

Crown Capital Eco Management: http://www.belfasttelegraph.co.uk/news/local-national/northern-ireland/green-energy-plant-to-power-25000-homes-29461216.html Renewable energy could power 25,000 homes and boost carbon neutral generation by 10% with the opening of Northern Ireland's biggest biomass plant in 2015. The £80m project will also create around 200 construction jobs and 20 permanent positions. Work is expected to start over the next few weeks on the plant, which won planning permission three years ago, on a 10-acre site at Londonderry Port. At least 115,000 tonnes of recycled wood will be burnt every year over 20 years to produce heat and power at the Evermore Renewable Energy Plant in Lisahally, described as a combined heat and power plant (CHP). Brothers Ciaran (30) and Stephen Devine (28) from Eglinton are the co-founders of Evermore Renewable Energy, which is leading the project and has won funding of £20m from the UK Government's Green Investment Bank in its first venture in Northern Ireland. Specialist bank Investec is lending £40m to the scheme and infrastructure investors Gravis Capital Partners £20m. The plant will be built and run by Scandinavian firm Burmeister & Wain Scandinavian Contractor A/S (BWSC), also taking its first steps into Northern Ireland. Related Articles: http://crowncapitalmngt.com/ http://www.zinepal.com/ebook/sunnyr41n/138933 Power NI will buy all the energy produced on a long-term contract and use it to power 25,000 homes in the north west. Stephen Devine said the brothers shared a business background, with Ciaran working as a stockbroker in London and Stephen for business advisers KPMG up until four years ago when they began planning the plant. He said: "Renewable energy is one of the most important sectors in the economy at the moment. We need to reduce our dependency on fossil fuels. "It's a stable market and that's a key factor for ourselves. "We wanted to have a project that would benefit the people of Northe