Stonewater secures £200m sustainability-linked loan to help retrofit 36,000 homes

Stonewater, which owns and manages around 36,000 homes for more than 78,000 customers, predominantly across central and the south of England, has refinanced its existing £125m facility and increased it by £75m. The social housing provider also took the opportunity to transition to a sustainability-linked loan where it will be it measured against three KPIs to receive covenants on its funding. It has committed to investing in retrofitting existing homes – which can reduce the amount of energy a home uses – to ensure its stock exceeds the current minimum…

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