NatWest surpasses sustainable energy target with £3.5bn of UK funding

NatWest has beaten its sustainable energy funding target, providing £3.5bn of lending to UK renewable energy and energy efficiency projects over the past three years. The bank, which set a three year target of £3bn in 2015, has now committed to funding £10bn to the sustainable energy sector by 2020 – helping to accelerate the transition to a low carbon economy. The bank supported nearly 1,500 transactions throughout 2015 to 2017. Lending to the solar sector made up the most significant section of support, accounting for 41% of the funding,…

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