Issue details

UK Investment Bank Loan Approval (PSDS & Solar Works)

 

 

Works part funded under the Public Sector Decarbonisation Scheme (PSDS) and solar PV repairs require matched funding. As agreed in principle with the LCR Combined Authority, funding has been secured via the UK Investment bank. This report seeks approval for accepting the loan to progress the associated works.

Decision type: Key

Reason Key: Financial Impact;

Decision status: For Determination

Wards affected: (All Wards);

Notice of proposed decision first published: 23/12/2024

Financial: Yes;

Community Impact: No;

Decision due: 3 Apr 2025 by Cabinet

Decision due: 24 Apr 2025 by Council

Lead member: Cabinet Member – Regeneration, Economy and Skills and Deputy Leader

Lead director: Executive Director – Regeneration, Economy and Assets

Department: Regulatory, Compliance and Corporate Services

Contact: Stephanie Jukes Email: stephanie.jukes@sefton.gov.uk Tel: 0151 934 4552.

Consultation process

Meetings and emails with finance, property, Combine Authority colleagues.

Consultees

Graham Hussey, Finance. Paul Bowe/ Dominic Ellis, Property. Lucca Biagioni, Terry Burke, Combined Authority.

List of background documents to be considered by decision maker

  • UK Investment Bank loan approval (PSDS & Solar works)