Investors in the Green Deal Finance Company, which
provides loans for the troubled Green Deal energy insulation programme, are set
to back the Government’s £34million bailout of the firm, but regard it as a
short-term fix. GDFC turned to Energy Secretary Ed Davey for funding after the
state-backed Green Investment Bank refused to continue lending to it beyond the
end of the year. GDFC needs to sign 60,000 households a year to break even, but
in the past 18 months has signed only 5,922. Read more on the Daily Mail
website.
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