Renewables industry proposes green energy bond

The trade association Scottish Renewables has called for the Government to create a green energy bond alongside the Green Investment Bank.

The association explained that the bond would allow savers to receive a return over the duration of the project.

Chief Executive Niall Stewart said:

“There are already some specialist investment funds available on the stock market and to big investors, and they show that the model works. But it’s time to give every saver in Britain the opportunity to invest in and benefit from the continued growth of the green energy sector.”