The UK government’s Green Deal Finance initiative was set up in 2012 to help finance the investment into household energy efficient improvement, through the Green Deal Finance Company. The Green Deal scheme has now been closed by the government in July 2015 due to low demand.
Operis carried out a model audit for the senior lenders and investors of the Green Deal Financing Company. The model had been updated to reflect changes to the financing arrangements as a result of the scheme being brought to a close. Operis’s review included a review of the tax and accounting treatments present in the model. Operis had previously audited the model for the initial fundraising of the Green Deal Financing Company.
