Decision Maker: Company Member Cabinet Committee
Decision status: Recommendations Approved
Is Key decision?: No
This report provides an update as LCDL moves
into its annual report and business plan cycle for 25/26 and on the
on-going dispute with the former contractor who had delivered
Rosebud portfolio management and investment
recommendations.
Exempt information as defined in Paragraph 3 of Part 1 of Schedule 12A to the Local Government Act 1972. The report contains information relating to the financial or business affairs of any particular person (including the authority holding that information). It is considered that in all circumstances of the case the public interest in maintaining the exemption outweighs the public interest in disclosing the information.
The Committee considered a report which provided an update on the delivery of services by Lancashire Renewables Limited.
Resolved: The Company Member Cabinet Committee
(i) Noted the update on the 2024/25 end of year position.
(ii) Requested that the LCDL Board set the 2025/26 company budget in line with the projected finances available and in accordance with the Company Member's (Lancashire County Council) strategic priorities.
Corporate Priorities : Economic ambition;
Divisions Affected: (All Divisions);
Contact: Andy Walker Email: andy.walker@lancashire.gov.uk Tel: 01772 535629.
Report author: Andy Walker
Date of decision: 20/03/2025
Decided at meeting: 20/03/2025 - Company Member Cabinet Committee
Accompanying Documents: