Lloyds supports Tideway’s £250m blue bond – a UK first in sterling corporate issuance

Lloyds has acted as Global Coordinator on the successful issuance of a £250 million 8-year Blue Bond for Tideway (Bazalgette Finance Plc), marking a milestone in the evolution of sustainable finance with this being the first-ever Blue Bond issued by a UK corporate in sterling. Tideway was established to design, build, commission and maintain the Thames Tideway Tunnel. A critical infrastructure project developed to intercept millions of tonnes of raw sewage that would otherwise pollute the River Thames. With construction now complete and the project entering its next phase, the…

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Tideway honours pioneering female engineer for International Women in Engineering Day

A century after Rachel Parsons helped found the Women’s Engineering Society (WES) and became its first president, a tunnelling machine named in her honour has started digging the super sewer in Fulham. To celebrate International Women in Engineering Day yesterday the chief executive of WES, Elizabeth Donnelly, visited Tideway’s site in Fulham to see the machine named after her organisation’s first president and to meet some of the females working on the Thames Tideway Tunnel. The TBM digging the west section of London’s super sewer has started tunnelling from Carnwath…

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