Barclays Bank launch £100 million renewable energy investment fund for UK farmers

Barclays bank has launched a new £100 million investment fund for UK farmers to invest in renewable energy, the bank announced this week. The launch of the fund follows a survey of UK farmers carried out by Barclays which found that over one-third are “expecting to invest in renewable energy, with the majority doing so within the next year.”

Some 80% of the farmers questioned said they think that renewable energy can provide significant cost savings, with 60% saying that renewable energy could generate additional income for their farm business.

Source: EWEA Blog