Local Partnerships LLP is

joint venture A joint venture (JV) is a business entity created by two or more parties, generally characterized by shared ownership, shared returns and risks, and shared governance. Companies typically pursue joint ventures for one of four reasons: to acces ...

owned by

HM Treasury His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and ec ...

, the

Local Government Association The Local Government Association (LGA) is the national membership body for local authorities. Its core membership is made up of 339 English councils and the 22 Welsh councils through the Welsh Local Government Association. The LGA is p ...

and

Welsh Government The Welsh Government ( cy, Llywodraeth Cymru) is the Welsh devolution, devolved government of Wales. The government consists of ministers and Minister (government), deputy ministers, and also of a Counsel General for Wales, counsel general. Minist ...

established 2009. It serves as a Public-private partnership unit in

England and Wales England and Wales () is one of the three legal jurisdictions of the United Kingdom. It covers the constituent countries England and Wales and was formed by the Laws in Wales Acts 1535 and 1542. The substantive law of the jurisdiction is Eng ...

. It is funded by fee income from chargeable services and money 'top-sliced' from local authorities'

Revenue Support Grant In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of the business. Commercial revenue may also be referred to as sales or as turnover. Some compa ...

(RSG) payments from the UK government, grant funding from UK government departments such as

Defra DEFRA may refer to: * Deficit Reduction Act of 1984, United States law * Department for Environment, Food and Rural Affairs, United Kingdom government department {{Disambiguation ...

and MHCLG. Local Partnerships and the

Greater London Authority The Greater London Authority (GLA), colloquially known by the metonym "City Hall", is the devolved regional governance body of Greater London. It consists of two political branches: the executive Mayoralty (currently led by Sadiq Khan) and the ...

are responsible for the operation of the Re:fit 4 programme which is a procurement initiative for public bodies wishing to implement energy efficiency measures and local energy generation projects on their assets. The Re:Fit framework will be operational until April 2024. Local Partnerships has a team of PFI specialists who provide support to contracts across the full range of financial, technical and legal specialisms, particularly as the contracts come to an end or may benefit from refinancing. The current Chair is Keith Fraser and Chief Executive, Adele Gritten.

References

Local government in the United Kingdom HM Treasury Public–private partnership units {{UK-gov-stub