A major deal has been approved paving the way for investment worth hundreds of millions into renewable energy in Bristol. City Hall chiefs signed off the City Leap deal between Bristol City Council and Ameresco, marking a “very important step” in the route to net zero emissions.
The two-decade deal involves projects which will transform how Bristol generates, distributes, stores and uses energy. Projects include new district heat networks, installing wind turbines and solar panels, retrofitting homes with insulation, and rolling out heat pumps.
The City Leap deal was signed off by the council’s cabinet on Tuesday, December 6, and was welcomed by Green councillors. At least £424 million will be invested into energy projects in the first five years of the deal, which will see a new joint venture firm created.