Tag: Cadent

Cadent and Equinor announce plans to develop a Hydrogen Town concept in Lincolnshire

Stuart Mitchell

The Humber could be the location for one of the world’s first low carbon Hydrogen Towns within the decade, after Cadent and Equinor joined forces to realise this ambition. Cadent and Equinor will work together to assess what a hydrogen town conversion could look like in Lincolnshire. Converting the gas networks of a town from natural gas to 100% low carbon hydrogen would drastically reduce the carbon emissions linked to home heating and could bring down overall emissions in the town by around a quarter. Gas distribution network operator Cadent…

Read More

Cadent Issues UK’s First Transition Bond

Stuart Mitchell

Cadent, the UK’s largest gas distribution network, has priced and agreed to issue the UK’s first transition bond – a 12-year EUR 500 million bond – to invest in the retrofit of gas distribution networks. Innovative transition bonds are designed to help issuers shift to greener business activities and decarbonise their operations. The move by Cadent, which delivers gas to 11 million homes and businesses throughout the North West, West Midlands, East of England and North London, is part of the company’s commitment to help deliver a low-carbon economy. Cadent…

Read More