Alastair Keir, Director of Operations

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Alastair Keir, Director of Operations LBEG Quiz
the Carbon Trust and GLA 17th May 2007
Our mission is to work with the public sector to
reduce carbon emissions through investment in
energy efficiency and renewable technologies.
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What can Salix do for you?

• Salix can help your Local Authority cut energy
  bills and reduce carbon emissions.
• We provide funding and focus for capital
  projects on a match funded basis

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Salix Finance what do we do?

• We stimulate investment by establishing
  ring-fenced, interest-free funds matched by the
  public sector
• Our funds recycle savings back to the
  organisation
• Funding up to 500k
• We insist on cost-effective projects with a high
  persistence and CO2 impact

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What value do we add to our clients?

• We focus attention
• Provide focus around which action can be driven
• Make energy management mainstream
• Accumulate and protects small projects

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What value do we add to our clients?

• We provide capital
• Capital budgets are under pressure
• Protect marginal energy efficiency spend
• Free up resources for front-line services

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What value do we add to our clients?

• We provide advice and support
• Sharing experience and benchmarking
• Help with implementation e.g. tendering

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What value do we add to our clients?

• We protect reputation
• Reinforce spend to save culture
• Respond to stakeholder and policy pressure

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Salix Local Authority programme

• Local Authority Energy Financing (LAEF) pilot
  scheme launched with 19 LAs in 2004
• Pilot has completed or commissioned over 500
  projects with a total value of 3.4 million
• Announcement of further 20 million for 2006/08
  has allowed pilot to be rolled out into a fully
  fledged Local Authority programme
• We are now working with 53 LAs across England and
  Wales with committed funding from Salix of
  10.1 million

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We are working with London authorities
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How we have streamlined our operations

• Relationship Managers as your key point of
  contact to assist you in all stages
• Simplified application / approval process
• Drawdown cycle reduced to 24 months / 4 tranches
• Persistence figures now used to focus better on
  sustainable savings and carbon payback
• Attention and emphasis on obtaining project
  commitment and completion

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What do we look for in our partners?

• We work with organisations willing to make energy
  
• efficiency a strategic objective
• Projects normally pay back in 5 to 7.5 years
• You provide matched funding and Board level
  sign-off
• You provide a team with the skills and resources
  to manage the fund effectively
• You must meet a project timetable reviewed every
  six months
• You can charge reasonable administration expenses
  against the fund (lt15)

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25 Southampton Buildings, London WC2A 1AL t 020
3043 8800 f 020 3043 8799 info_at_salixfinance.co
.uk www.salixfinance.co.uk