Bluestone Resorts secures a syndicated sustainability-linked facility from Barclays and the Development Bank of Wales
The financing will support ongoing resort development and the construction of a new solar farm.
Bluestone Resorts operates a large holiday resort in Pembrokeshire with a strong focus on sustainable tourism practices.
Barclays and the Development Bank of Wales have provided a syndicated loan facility to Bluestone Resorts. The funding will allow the holiday resort operator to continue its sustainable investment programme, which includes expanding the resort and constructing a new solar farm.
The financing incorporates specific sustainability KPIs monitored by Barclays as Sustainability Coordinator. These targets cover biodiversity improvements, emissions reductions, and maintaining eco-accreditation standards.
From the founder
"We're working hard to create a more sustainable future for Pembrokeshire while reducing our carbon emissions."
William McNamara
Chief Executive at Bluestone Resorts
Investor perspective
"Our partnership with the Development Bank is a reflection of our approach to sustainable finance, providing the capital required to transform the economies that we serve."
Simon Vittle
Director of Large Corporates, Barclays
Use of funds
- 01Build out infrastructure
Investors
Categories
About the company
Bluestone Resorts
Bluestone Resorts operates a holiday destination in Wales focused on sustainability.