This funding will enable Irish SMEs to invest in energy efficiency financing projects, helping them transition to sustainable energy.Research shows that Irish SMEs invest just 6% of their budget in energy efficiency - one of the lowest in Europe.
"We're delighted to be partnering with the SBCI once again in supporting the Energy Efficiency Loans Scheme and the move towards Green Finance," said Ronan Horgan, CEO of Capitalflow. June Butler, CEO of SBCI welcomed the addition of Capitalflow as a partner for the SBCI Energy Efficiency Loan Scheme.
"This scheme is our first dedicated climate action related product and has been specifically designed to help Irish businesses to improve their sustainability, cut their energy bills and reduce their carbon emissions by investing in energy-saving measures," she added.