HSBC UK is one of the world's largest banking and financial services organisations.
Portfolio
2
companies
Solarcentury
Solarcentury develops and builds large-scale solar power projects and smart energy technology.
LendInvest
LendInvest operates a technology driven marketplace for property mortgages.
David Langford
Relationship Director
Robert King
Head of Sustainability
Robert brings sustainable finance and corporate banking experience from roles at HSBC UK and Lloyds Bank.
The banking facilities are supported by UK Export Finance and will fund the construction of two utility-scale solar plants in Spain.
"Today’s announcement is testament to the strength of our business, Solarcentury’s unrivalled experience in developing and building large-scale infrastructure projects globally, and the significant investment potential of subsidy-free solar in Europe."
HSBC UK has provided up to £200m in institutional debt to support the company entry into the residential mortgage market.
"LendInvest continues to attract investment onto our platform from some of the world's largest and most sophisticated investors. This new funding from HSBC is a further important step forward in the evolution of our business. We have shown to great effect how our technology-driven approach to lending can succeed in the specialist loans market. Our sights are now firmly set on continuing to build out our platform and on ultimately disrupting the £200 billion mainstream UK mortgage market."
