LETCHWORTH GARDEN CITY: Britain's second biggest private builder Willmott Dixon is setting up a new business, Willmott Dixon Energy Services, in the new year to deliver work under the government's Green Deal funding initiative.

Willmott Dixon is betting on a surge in work and hopes the business will be generating around £100m turnover within four years.

The launch comes after the government restated its commitment to the Green Deal with a £200m funding boost to get the first projects moving at the start of 2012. Despite the industry set back of government reductions to feed-in tariffs, Willmott Dixon has its sights on the estimated £80bn of investment needed over the next 10 years to cut domestic and commercial building carbon emissions.

The firm aims to bring together landlords, investors and suppliers to develop Green Deal funding streams and deliver the upgrade work on homes and non-domestic properties.

Willmott Dixon has been involved several projects requiring new approaches to efficient energy use including one of the UK's first Green Deal pilot projects, in Cambridgeshire, constructing the country's first zero carbon 'in use' school, for Islington Council, and also delivering Morrison's' exemplar energy efficient supermarket in Peterborough.