The Wales Funding Programme

INTEREST RATES 

We are looking forward to re-opening the Wales Funding Programme shortly and to continue our work supporting public sector bodies achieve the net zero ambition by 2030.

The Wales Funding Programme, previously provided interest-free loans for energy saving and renewable energy project. It closed on Friday 8 March, 2024.

When the programme re-opens through Salix later this spring, a fixed interest rate of 2.05% APR will be applied. This is based on the government borrowing rate and reflects a change in HM Treasury rules. This addition will be applied to new loans for organisations without borrowing restrictions. Organisations that do not have borrowing powers are able to access the Invest to Save fund as before. 

As part of its ongoing commitment to decarbonising the public sector, the Welsh Government alongside Salix has reviewed the technical scheme criteria, extending it to £350 tCO2e with a 10-year payback. 

To support these changes, Salix is currently reviewing the implementation of interest rates and will re-open the scheme shortly.

Thank you for your interest in the programme and please do subscribe to Wales news updates through our website and view our Wales page (also translated in Welsh) for the latest information.

Please email our team at [email protected]

CYFRADDAU LLOG

Rydym yn edrych ymlaen at ailagor Rhaglen Ariannu Cymru yn fuan ac i barhau â’n gwaith i gefnogi'r sector cyhoeddus i gyflawni’r uchelgais sero net erbyn 2030.

Yn flaenorol, roedd Rhaglen Ariannu Cymru yn darparu benthyciadau di-log ar gyfer prosiectau arbed ynni ac ynni adnewyddadwy. Caeodd ddydd Gwener 8 Mawrth, 2024.

Pan fydd y rhaglen yn ailagor drwy Salix gwanwyn yma, bydd cyfradd llog sefydlog o 2.05% APR yn cael ei gymhwyso. Mae hyn yn seiliedig ar gyfradd benthyca’r llywodraeth ac mae’n adlewyrchu newid yn rheolau Trysorlys EM. Bydd yr ychwanegiad hwn yn cael ei gymhwyso i fenthyciadau newydd i sefydliadau heb gyfyngiadau benthyca. Bydd sefydliadau heb bwerau benthyca yn gallu cael mynediad i’r gronfa Buddsoddi i Arbed fel o’r blaen.

Fel rhan o’i hymrwymiad parhaus i ddatgarboneiddio’r sector cyhoeddus, mae Llywodraeth Cymru gyda Salix wedi adolygu meini prawf technegol y cynllun, gan ei ymestyn i £350 tCO2e gydag ad-daliad o 10 mlynedd.

I gefnogi'r newidiadau yma, mae Salix yn bresennol yn adolygu gweithrediad cyfraddau llog a bydd yn ailagor y cynllun yn fuan.

Anfonwch e-bost i’r tîm trwy [email protected]

The Wales Funding Programme allows public sector bodies to apply for interest-free loans for up to one hundred percent of the costs of energy-saving or renewable energy projects.

The Salix Energy Efficiency Loan Scheme is open for applications to support public sector bodies across Wales in achieving their net-zero targets by 2030 by providing interest-free funding.

The Wales Funding Programme combines both the Salix Energy Efficiency Loan Scheme which focuses on funding energy efficiency projects and the Invest to Save finance scheme which focuses on funding energy efficiency and renewable technologies. 

Funding is available for projects that are at a well-defined stage. Regarding projects that are early in development, contact us and email our team an expression of interest form, below, to benefit from our support.

Thank you for your interest in our programmes.
 

• The Salix Energy Efficiency Loan Scheme and the Invest to Save finance scheme provide interest-free funding.
• Funding to cover 100% of the project costs.
• Flexibility on repayments.
• Support from a designated relationship manager through application and delivery.
• Networking and knowledge share access to other public sector bodies.