EECA‘s new GIDI Private Finance Pilot exposes potential GIDI applicants to sustainable finance providers who could help unlock finance needed for large decarbonisation projects.
The pilot is aligned with the government’s expanded Government Investment in Decarbonising Industry (GIDI) Fund administered by EECA. EECA is inviting applicants with large decarbonisation projects to apply now for contestable co-funding to help reduce the carbon emissions from their industrial processes.
The support potentially offered by each financier to an interested GIDI applicant depends on the suite of sustainable products and services they offer – this may include discounted lending rates, advisory services, and expertise to support the implementation of complex energy projects.
