Coronavirus: Government offers interest-free loan to cover rise in low-carbon levy

The government has agreed to make a “one-off interest-free loan” to the Low Carbon Contracts Company to help offset a rise in Contracts for Difference top-up payments due to the coronavirus pandemic. The company did not disclose the amount but said it should hopefully allow the company to make the payments for the second quarter of 2020 without raising the associated levy on suppliers.

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