We are delighted to announce the acquisition of GreenGenUK, a leading renewable energy installer in Cornwall – another positive step in expanding our national presence in renewable energy installations and accelerating the decarbonisation of UK homes.

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.