Matrix Clean Energy is deferring its venture capital trust (VCT) offer, Fund Strategy reports. As per Matrix, the government’s cost savings will represent a material risk to investors. The move follows the decision of the Department of Energy and Climate Change to review its solar energy Feed In Tariff (FIT) scheme. Under the scheme, investors who install and operate solar panels will be allowed to currently earn a tariff from the government on the power that they produce. The government is seeking to save £40 million on the costs of the scheme in 2014-15, or 10% of its budget.

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