Issue - decisions

Investing in Green Energy Initiatives- update

09/07/2021 - Investing in green energy initiatives- update

(Key decision):


(1) To delegate authority to the Deputy Chief Executive, in consultation with the Chief Finance Officer and Cabinet member for finance and assets, to increase the loan provision to OVESCO up to a maximum of £155,000 for development funding to take the solar farm proposal set out in section 2 and Appendix 1 of the report to planning submission, subject to further due diligence being carried out, satisfactory loan terms and milestones being agreed.


(2) To request that the Climate Change Scrutiny Panel provide oversight to the project.