Green Loans Dry Up As Subsidies End

[rangerrebew]

Green Loans Dry Up As Subsidies End
June 19, 2018

By Paul Homewood

 

More evidence that new investment in onshore wind and solar power has dried up since the ending of subsidies in the UK.

From the finance magazine, Peer2Peer:
 

A DEARTH of renewable energy loans has been blamed on over-zealous lenders chasing “low hanging fruit” and an end to a government-backed subsidy programme.

In May, Assetz Capital closed its Green Energy Account (GEA) and in March, defunct P2P platform Trillion Fund paid off its final renewable energy loan. Both platforms have blamed a lack of new loans and an end to government subsidies for the failure of their green initiatives.

https://notalotofpeopleknowthat.wordpress.com/2018/06/19/green-loans-dry-up-as-subsidies-end/

[IsailedawayfromFR]

Green Loans Dry Up As Subsidies End
June 19, 2018

By Paul Homewood

 

More evidence that new investment in onshore wind and solar power has dried up since the ending of subsidies in the UK.

From the finance magazine, Peer2Peer:
 

A DEARTH of renewable energy loans has been blamed on over-zealous lenders chasing “low hanging fruit” and an end to a government-backed subsidy programme.

In May, Assetz Capital closed its Green Energy Account (GEA) and in March, defunct P2P platform Trillion Fund paid off its final renewable energy loan. Both platforms have blamed a lack of new loans and an end to government subsidies for the failure of their green initiatives.

https://notalotofpeopleknowthat.wordpress.com/2018/06/19/green-loans-dry-up-as-subsidies-end/

What was that Maggie said about 'Running out of other peoples' money'?