Iberdrola agrees its ‘largest ever’ green loan of €1bn with Santander

The funds will finance the acquisition of turbines for both onshore and offshore windfarm projects

Centrica appoints Santander CEO as Non-Executive Director

Nathan Bostock will hold a seat in two of the energy giant’s committees

Are cheap heat pump loans the quickest way to UK’s ‘retrofit revolution’?

Bank customers will reportedly be able to get cheap loans from UK banks to make their homes greener

Government urged to make disclosure of net zero transition plans mandatory

Large companies must give transparency in their net zero transition plans by 2025, a consortium suggests

NextEnergy Capital to build 115MW of new solar capacity in UK

The renewable assets will be built with the support of a £100m debt financing agreement with Santander

Tomatoes and peppers
Tomato-growing energy centre sprouts £10.6m of funding

Santander has provided the finance to help combined heat and power provider P3P Partners LLP develop the facility

Battery storage firm secures £28.5m of Santander funding

A battery storage and energy flexibility provider has secured £28.5 million in funding from Santander. London-based Battery Energy Storage Solutions (BESS) aims to use the funding to build and operate a 100MW portfolio of grid-scale battery storage assets by the end of 2018. As of the end of 2017, the company owned and operated a […]

Santander inks €400m deal for green lending

Santander has signed an agreement with an EU bank to provide financing for businesses to invest in renewable energy. The deal will help Santander support new green energy projects in Spain, with an investment cost of at least €400 million (£358m). In addition, the European Investment Bank (EIB) will take on a €200 million (£179m) […]

Santander banks on LEDs to halve energy use

Santander is to replace all its lighting with LEDs, thanks to a £17.5 million fund. The UK Green Investment Bank (GIB) and Sustainable Development Capital Limited (SDCL) are investing the cash in what is believed to be the nation’s largest fully-funded LED retrofit programme. More than 90,000 energy-saving lights will be installed across Santander’s 800 […]

$2bn green energy investment firm launched

A $2 billion (£1.3bn) energy investment firm has been launched today. Cubico Sustainable Investments, which is headquartered in London, will manage and invest in renewable energy and water infrastructure assets globally. It is owned equally by Santander and two of Canada’s largest pension funds, Ontario Teachers’ Pension Plan and the Public Sector Pension Investment Board. It […]