Sustainable Development Capital
O’Melveny represented Sustainable Development Capital (SDCL) in the closing of the UK Energy Efficiency Investments Fund 1A, a parallel vehicle that will invest alongside another fund, which has been awarded a £50 million mandate by the UK Government’s Department of Business, Innovation and Skills to invest in energy efficiency infrastructure projects in the UK. The fund’s focus will be energy efficiency projects in non-domestic buildings, industrial facilities, and urban infrastructure in the UK. The UK Green Investment Bank was established by the UK government to invest in green infrastructure projects focusing on five priority sectors. It will accelerate private sector investment in the UK’s transition to a green economy. Energy efficiency is one of the UK Green Investment Bank’s key target markets.