(IN BRIEF) Lloyds Banking Group and the National Wealth Fund have launched a new initiative to provide up to £500 million in financing for the retrofit and decarbonisation of university estates across the UK. The lending, supported by up to … Read the full press release
Posted in Banks, Business, Economy, Education, Environment, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Management, Marketing, Technology, United Kingdom
Tagged affordable finance, Amanda Murphy, built environment, Business and Commercial Banking, campus buildings, campus decarbonisation, Emissions Reduction, energy costs, energy efficiency upgrades, financial guarantees, green finance, heat decarbonisation, higher education, Lloyds and National Wealth Fund Expand Retrofit Financing With Major Commitment to Modernise University Estates, Lloyds Banking Group, Lloyds Banking Group Raises Retrofit Lending Commitment to £1 Billion With New University Decarbonisation Programme, local supply chains, long-term financing, low-carbon heating, National Wealth Fund, National Wealth Fund Guarantees Support Lloyds Financing to Help Universities Modernise Up to 300 Campus Buildings, net zero, New £500 Million Initiative Targets Energy-Efficiency Upgrades and Low-Carbon Heating Across UK Campuses, Oliver Holbourn, registered providers, retrofit financing, retrofit jobs, social housing retrofit, specialist engineers, Sustainable Finance, sustainable infrastructure, UK net zero ambitions, UK universities, UK Universities to Access New £500 Million Decarbonisation Finance Through Lloyds and National Wealth Fund Partnership, university estates, university modernisation, university retrofit, £1 billion retrofit commitment, £1.6 billion financial guarantees, £350 million guarantees, £500 million financing
(IN BRIEF) Rothesay has committed £150m to a new unsecured debt facility for social housing retrofitting, launched by the National Wealth Fund (NWF) and The Housing Finance Corporation (THFC). The facility, with an initial £150m guarantee from the NWF, enables … Read the full press release
Posted in Business, Financial, Industrial, Infrastructure & Utilities, Insurance, Investment, Management, News, Real Estate, United Kingdom
Tagged bond market investors, capital, Chancellor of the Exchequer, decarbonization, demand, emissions, energy consumption, energy efficiency, financial guarantee, housing stock, institutional capital, John Flint, long-term loans, National Wealth Fund, net zero, NWF, NWF Chief Executive Officer, Priya Nair, Rachel Reeves, registered providers, Rothesay, Rothesay Chief Executive, RPs, secured lending, social housing retrofit, Sustainable Communities, The Housing Finance Corporation, THFC, THFC Chief Executive, Tom Pearce, unsecured debt facility, £250m
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