As the UK accelerates its efforts to reduce carbon emissions and tackle climate change, more households are making the shift towards renewable energy sources.

Hometree, the fast-growing residential energy services company, has raised a £50 million mezzanine facility backed by CPPIB Credit Investments Inc., a wholly-owned subsidiary of Canada Pension Plan Investment Board (CPP Investments).

Why have a sustainability strategy, especially for such a small business as Hometree? For us, it’s about backing our words with actions. Demonstrating that as a business we take our impact seriously and are actively working towards reducing our emissions.

Last Friday was an incredibly exciting day at Hometree as we announced that we have raised a £250m asset-backed debt facility from Barclays, the UK’s inaugural residential renewable securitisation, positioning Hometree as a pioneer in shaping a new asset class crucial for decarbonising millions of homes in the years ahead.

Hometree, the fast-growing residential energy services company, has secured a £250m asset-backed debt facility from Barclays, which will be used to finance over 28,000 residential solar panel systems, batteries and heat pumps across the UK over the next two years.