U.K. Green Bank Loans $106 Million to Waste-Energy Plant

The U.K. Green Investment Bank said it’s lending 64 million pounds ($106 million) to an energy-from-waste project in Derby, central England.

That’s the government-backed bank’s one-third share of a long-term loan to the project by Derby City and Derbyshire County Council, it said today in an e-mailed statement. The other two-thirds will be split equally between Germany’s Bayerische Landesbank and Japan’s Sumitomo Mitsui Banking Corp. That would make the total loan worth 192 million pounds.

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