Cornish Green Deal ‘pioneer’ goes into administration
Accredited Green Deal provider Enact has gone into administration
Cornwall-based Enact, a provider of the government’s flagship energy efficiency scheme, called in administrators Begbies Traynor on Thursday 30 May.
The ‘pioneering’ company were one of the first to become registered to provide services under the Green Deal programme. Before securing its accreditation, the outfit had been a managing agent for the precursors to the new scheme; the Carbon Emission Reduction Target (CERT) and Community Energy Saving Programme (CESP).
Joint administrator Begbies Traynor told AJ’s sister title Construction News the administration had been partly due to general economic conditions, but also due to the switchover to new renewable energy schemes.
He added that they were currently attempting to find a purchaser for the firm.
A total of 29 employees at the firm have been made redundant.
Established in 1996, Enact had more than 16 years experience in providing renewable energy and insulation solutions, working with Tesco, Marks and Spencer and more than 100 local authorities.
This comes after concerns were raised for the insulation industry, after cavity wall insulation installations fell by 97 per cent since the Green Deal launched.