Triodos Bank continues to deliver positive impact and maintains a solid financial performance

Triodos Bank, a frontrunner in sustainable banking since 1980, announced today its performance over the first half of 2024. The 2024 Half Year Report was also published today and is available here: www.triodos.com/reporting. Delivering positive impact We announced a partnership with the Canadian pension fund Fondaction to accelerate positive change in global finance EUR 650 million in new loans were provided to social entrepreneurs under our five transition themes; the energy, food, resource, societal and wellbeing transitions  Across Triodos Bank and Triodos Investment Management, 10 new project loans and investments were…

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UK’s first 100% electric intercity coach service boosts fleet

Ember, the UK’s first all-electric intercity bus operator, has increased its fleet of zero emission coaches with a £5.6m loan from Triodos Bank UK. The transport start-up launched in 2020 with two coaches operating its first route between Dundee and Edinburgh. Today, Ember’s network also includes services to destinations including Glasgow, Stirling and Kinross. The purchase of an additional 14 coaches will take its total fleet to 38 vehicles, helping provide more passenger trips every week and scale its route network further.  As well as expanding its routes, the company…

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Bristol Energy Cooperative teams up with Triodos Bank UK for new share offer

Bristol Energy Cooperative, a well-established energy cooperative,  has launched a new share offer with Triodos Bank UK that hopes to tap into the growing interest from everyday investors to support green energy generation, local communities and energy independence. The share offer is Bristol Energy Cooperative’s tenth raise, and it’s the first time that the organisation is working with Triodos Bank UK. The share offer will be available on the bank’s crowdfunding platform. Bristol Energy Co-operative was established in 2011 with the aim of building community-owned energy infrastructure. Over the past 13…

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Harmony Energy receives £10m credit facility from Triodos Bank UK

Battery storage developer Harmony Energy has received new finance from leading sustainable bank, Triodos, to support the development of new projects and its expansion across Europe. The credit facility of up to £10m will be used by Harmony Energy to help accelerate development activities. Harmony Energy develops, owns and operates utility-scale battery energy storage systems (BESS), solar farms and wind assets across Europe and New Zealand. It currently has 516MW (1.032GWh) of BESS operational capacity (across the group, including the listed business, Harmony Energy Income Trust Plc), with a further…

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Triodos Bank UK introduces fund focused on children’s wellbeing and development

Triodos Bank UK has introduced the Triodos Future Generations Fund, a thematic fund aimed at improving the wellbeing and development of children worldwide, to UK retail investors. The fund provides an opportunity for everyday investors to support listed small and midcap companies around the world that fit into this unique socially-focused investment theme. The fund is managed by Triodos Investment Management (Triodos IM), the investment arm of Triodos Bank, and has been open to European investors and UK institutional investors since March 2022. The fund currently has assets under management…

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