Pension fund makes £8m loan for low carbon homes in Sheffield

In discussions with South Yorkshire Pension Authority about divestment, South Yorkshire Fossil Free! always push for local investment in green projects. We are pleased to see the investment below in a local housing development.

Housing development heated by renewable energy

“The South Yorkshire Pension Fund is giving sustainable developer Citu the money for houses at Little Kelham in the city centre. They will be heated by carbon neutral renewable energy it says.

It will be the second phase of homes at the site which also includes homes, offices, bars, restaurants and refurbished buildings.

The pension fund announced the pot in March and said it was investing in local projects for the first time to benefit the area where members live and the prospect of good returns due to the health of the economy.” Read the full article here