What is the situation regarding joint ventures and private finance initiatives (PFI)?
A. If your venture, Private Finance Initiative, Public Private Partnership or Build Design, Finance and Operate agreement has a majority owner (>50%) then the joint venture’s energy use is aggregated with that of the majority owner organisation. Where the venture has no single owner with a stake greater than 50%, the joint venture is counted as a separate organisation and must assess if it qualifies for the scheme in its own right. In the case of PFI schools, where the PFI company is the counterparty to the energy supply contract, the energy use will be attributed to the PFI company.
