Tag: Triodos Bank UK

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

Stuart Mitchell

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

Stuart Mitchell

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

Stuart Mitchell

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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