BWEA welcomed the European Investment Bank (EIB) backed Government plan to inject liquidity into the onshore wind development market.
The measure announced in April’s Budget and coming into force now is set to free-up a total of GBP 1.4 billion, as the GBP 700 million in EIB funds will be matched by a further GBP 700?million?from the three commercial banks involved. The funds are aimed specifically at wind farms with planning permission.