loan

The move aims to help revolutionise approaches to solar energy, create infrastructure to accelerate the adoption of EVs and hit national net zero targets

The agreement links the soft drink producer’s progress towards its 2025 sustainability targets to the cost of the debt facility, meaning the loan becomes cheaper the better it performs

Projects that can receive financing include onshore and offshore wind, solar farms, smart meters, energy from waste and biomass power

The three wind projects will have a total installed capacity of up to 97MW

Be Charge, a subsidiary of Be Power Group, has set a goal of installing a total of 30,000 charging points across Italy

The finance mechanism will see interest rate fluctuate depending on the firm’s sustainability performance

The fashion brand claims the loan, signed with Crédit Agricole Group, is the first of its kind in the luxury goods industry

The measures are expected to help reduce carbon emissions by around 289,000 tonnes

They will cover investments in technologies such as thermal insulation, solar panels, geothermal heat pumps and water-efficient irrigation systems

It has stepped in to purchase the necessary carbon credits on behalf of the company