The UK’s Green Investment Bank (GIB) has announced funding worth £1 million to help small and medium-sized businesses invest in energy efficiency, writes Energy Live News.

It will be matched by another £1 million of private capital and the total amount is expected to finance up to 20 projects.

Typical projects would be in the range between £25,000 and £400,000 and could include biomass boilers, low energy lighting and combined heat and power – helping reduce energy bills by around 20%.

Read more on this story at Energy Live News