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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