Tag: Triodos Bank UK

Thrive Renewables secures £10 million from Triodos Bank UK to help fund growing renewables portfolio

Stuart Mitchell

Thrive Renewables plc has secured £10m of new lending from Triodos Bank UK to enable the renewable energy investment company to further its mission building new UK-based wind farms, plus solar and community-owned projects. The finance will also support longer-term initiatives, such as repowering existing assets to extend their operational life. The loan arrangement with Triodos is just one example of Thrive’s blended funding approach, focused on getting new renewable capacity built quickly and in a way that puts people and planet at the heart. This includes equity from its…

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30 years of sustainable banking: Triodos Bank UK announces £2.5 billion of total lending

Stuart Mitchell

Triodos Bank UK, a frontrunner in sustainable banking, has today announced it has funded £2.5 billion of impact-led projects in the UK since its foundation, as it celebrates three decades of financing positive social and environmental change. Since opening its UK business in 1995, Triodos has been at the forefront of sustainable banking, enabling individuals and organisations to use their money in ways that benefit people and the planet. As it marks its 30th anniversary this year, Triodos has now delivered a total of £2.5 billion in lending to projects…

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Triodos Bank UK awarded prestigious King’s Award for Sustainable Development

Stuart Mitchell

Triodos Bank UK has received the King’s Award for Enterprise in the Sustainable Development category.  Demonstrating a longstanding commitment to sustainability, it is the fourth time the bank has received the prestigious award for enterprise – attaining the Queen’s Award in 2004, 2010 and 2020, and now the King’s Award in 2025 – and is the only UK bank to have achieved the category accolade this many times.   The King’s Award for Sustainable Development is awarded for commercially successful products, services and management that benefit the environment, society and the…

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Voltalia UK secures Triodos Bank UK funding for 34MW photovoltaic plant near Scarborough

Stuart Mitchell

Voltalia UK has raised £18.9m of new loan funding from Triodos Bank UK, which will enable the energy producer to construct a new, subsidy-free photovoltaic plant with a capacity of 34MW near Scarborough, North Yorkshire. Voltalia’s £20m finance package consists of a construction and long-term operating loan of up to £18.9 million and a Debt Service Reserve Facility (DSRF) of €1.1 million. Construction is currently underway, and the plant is scheduled for commissioning by the end of 2025. Once complete, the Eastgate Solar project will feature 62,500 solar panels. The…

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Triodos Bank UK appoints Mark Clayton as CEO

Stuart Mitchell

Triodos Bank UK has announced the appointment of Mark Clayton as Chief Executive Officer. The bank offers personal current accounts, savings and investment products alongside business savings and specialist sustainable finance for organisations committed to positive cultural, social or environmental impact. Mark is currently the Chief Operating Officer at Triodos, having joined the bank in early 2024. His appointment is subject to formal approval by the regulators and it is anticipated he will start in early summer. He will succeed Dr Bevis Watts, who announced last October that he would…

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