The UK Government’s debt position is at odds with the need to build infrastructure and property to support the economy. LGC is committed to supporting the UK’s infrastructure projects, with a focus on urban regeneration and clean energy.
The next five to ten years will see transformational change in clean energy as technological advances and innovation deliver clean, affordable and reliable heat, power and transportation. We believe that electric vehicles, energy storage, smart grids and connected devices will optimise the use of low-cost wind and solar power, while improvements in the energy efficiency of our buildings and local generation will reduce reliance on large expensive power stations.
We are investing in the energy future, in modern and digital technologies that can be deployed locally and at scale, and will support UK jobs, skills and expertise.
We also focus on urban regeneration because with a growing population which is increasingly living and working in major towns and cities, the UK needs urban centres that are fit for purpose. We are already involved in some of the UK’s biggest regeneration projects and aim to become the market leader in UK regeneration funding through real estate led investments. Such projects thrive when they are built on strong, long-term and progressive public and private sector partnerships.
As we look ahead, we have a target to provide up to 5% of the UK clean energy market, and to invest in major schemes in at least ten UK cities by 2021.