GNDF seeks to support the low-carbon sector by providing flexible and competitive finance to enable, accelerate or enhance viable low-carbon projects.

GNDF aims to catalyse investment in green growth, stimulate innovation, create green jobs and enable sector and supply chain growth in the areas of decentralised energy, heat decarbonisation, energy efficiency, small-scale renewable energy generation, local energy systems, low-carbon transport, and natural capital.

GNDF invests in a wide range of technologies and projects which will deliver carbon and energy savings to the public and private sectors.

• Public sector: Local authorities, higher education, further education, health, not-for-profit organisations, registered providers.
• Private sector: Small and medium-sized enterprises (SMEs), energy services companies (ESCOs), special purpose vehicles (SPVs), community schemes.

GNDF can fund up to 50% of the capital cost of a project or provide 50% of any growth funding to an SME. GNDF can invest alongside other sources of public or private funding subject to compliance with the Subsidy Control regime.

• Is there a deadline to apply for funding? No, applications can be made at any time up to October 2025.
• What is the minimum and maximum investment size? GNDF is targeting investments from £0.2 million to £2 million.
• How long can an investment be? The maximum investment term for GNDF is up to 15 years for longer payback projects. Please reach out to the GNDF team to discuss your project further for an accurate indication of the term GNDF could provide.