Earlier this month, BEIS (the UK Department for Business, Energy and Industrial Strategy) started to accept applications for grants under Phase I of its Industrial Energy Transformation Fund (IETF). The IETF, first announced by the UK government in August 2018, is slated to provide £315 million in funding by 2024 to support a shift to ‘greener’ operations in the UK’s manufacturing and data centre industries. The application deadline for phase I is 11am, on 28 October 2020. Funding is being made available for two types of projects under this phase: “deployment grants” and “studies grants”. Our recent client alert, available here, provides more details on these grants, including points to note for future phases.