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Today’s Top Headlines




SDCL To Launch USD200m UK China Energy-Efficiency Fund

by Jason Gorringe, Tax-News.com, London

09 December 2013

Sustainable Development Capital LLP (SDCL), a specialist financial advisory and investment firm, is planning to launch a USD200m fund to invest in energy efficiency projects and opportunities in the UK and China.

The UK China Energy Efficiency Investments Fund will be managed by SDCL Asia, a joint venture between SDCL and the First Eastern Investment Group, a Hong Kong-based investment firm. SDCL currently manages the UK Energy Efficiency Investments Fund, with a cornerstone investment from the UK Green Investment Bank.

The energy efficiency investment market is currently experiencing rapid growth, and the UK is one of the world's leading providers of energy efficiency technology and services. China, meanwhile, is one of the largest markets for the technology, as well as a major exporter of energy efficiency products and solutions.

Jonathan Maxwell, CEO of SDCL and chairman of SDCL Asia, said: "Energy efficiency is good for business, reduces costs, improves productivity and growth, while at the same time offering the largest and cheapest source of greenhouse gas emission reductions. Energy efficiency represents the ultimate sustainable investment: it pays for itself in the UK and Ireland, China, Singapore and many other major global markets."

TAGS: Energy | investment | business | energy | China | Hong Kong | services | Expats | Investment | Invest | Investment

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