Local projects that we support
How did we support it? As a relatively new business, BECCAL could not raise all the finance from the commercial markets. BEC stepped in with a top up loan offer which released a further £250k of private investment and enabled the project to proceed
Why did we choose this project? We chose to support this project because it reflected our ethos of bringing more renewable energy projects into Cumbrian businesses to support their low carbon aims. Furthermore, the commercial profit made on the loan will enable us to support more local projects.