Tag: Triodos

Housing association secures funding for the creation of 200 new affordable homes in Harrogate

Stuart Mitchell

Harrogate Housing Association has raised £15m of new loan funding from Triodos Bank UK. The loan facility will enable the association to develop a further 200 homes to add to its existing portfolio of just over 300 homes in and around Harrogate. The new homes will all have energy performance certificate (EPC) ratings of B or above, with some properties generating renewable energy through air source heat pumps and solar panels. This will allow customers to benefit from energy bill savings, as well as providing wider environmental benefits.   Harrogate…

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Triodos backs first nature reserve for rewilding charity

Stuart Mitchell

Rewilding charity Heal has acquired its first landholding with the help of a £3.75 million loan from Triodos Bank UK. It will create a new nature reserve with the 460 acres near Bruton in Somerset – the first in a series of nature reserves it plans to establish in every English county. The lending marks Triodos Bank’s first loan to a rewilding project and is believed to be the first commercial loan of its kind in the UK. Heal Somerset will tackle the nature and climate crises while creating new…

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Pioneering renewable energy company targets £5m raise in new share offer

Stuart Mitchell

Thrive Renewables, which has been funding clean energy projects since 1994, has launched a crowdfunding offer in order to build new renewable energy generation and storage across the UK. It comes at a critical time for UK energy policy, with renewables a key sector for growth in response to the gas price crisis. Recent development projects Thrive Renewables has invested in include England’s tallest onshore wind turbine in partnership with Ambition Community Energy, a 20MW battery project in Bristol and the UK’s first commercial deep geothermal electricity generation plant in…

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Charitable social enterprise, LEYF, launches charity bond as first step in next phase of growth

Stuart Mitchell

One of the UK’s largest charitable social enterprises, London Early Years Foundation (LEYF), is launching a £1.5 million charity bond as part of its future growth plans to transform early childhood. Its ambition is to provide 10,000 children across Greater London with access to high-quality and affordable Early Years education, particularly those from disadvantaged backgrounds. This long-term strategy will more than double LEYF’s existing portfolio of 39 nurseries to approximately 80 in the future. The charity bond offer is one of the first steps in LEYF’s forward-thinking plans to raise…

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Charity launches community renewable energy bond on the Triodos Crowdfunding platform

Stuart Mitchell

Triodos Bank UK is launching a £4.7 million community renewable energy bond offer on its crowdfunding platform for Empower Community Foundation. The bond has a term of 16 years paying 4.25% gross interest annually. The interest rate will rise with inflation each year. As with all investments, interest payments and return of capital are not guaranteed. There is a £50 minimum investment, and the bond is eligible to be held in a Triodos Innovative Finance ISA (IFISA) that allows interest to be received tax-free. ISA eligibility does not guarantee returns or…

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