NatWest and Lloyds have backed a financing package designed to accelerate the delivery of a 1GW solar pipeline.
"landmark transaction"
Portfolio
3
companies
Enviromena
Enviromena develops and operates solar energy and battery storage infrastructure across Europe.
The Hut Group
The Hut Group operates international online beauty and wellbeing retail brands powered by proprietary e-commerce technology.
Zenobē
Zenobē operates electric vehicle fleets and provides battery storage solutions.

Kate Grimoldby
Kate brings corporate affairs and investor relations experience from roles at Together and THG, alongside a background in structured and acquisition finance from Lloyds Banking Group.
LinkedIn
Karen Mann
Karen brings investment and banking experience from roles at LDC and Lloyds Banking Group. She previously spent several years in transaction services and advisory at Deloitte.
Andy DeVaux

Chris Lawrie
Chris brings extensive banking and corporate finance experience across Scotland. He currently serves as Head of Mid Corporate and Business Development for Scotland at Barclays Corporate Banking, following leadership roles at Lloyds Banking Group and Bank of Scotland.
LinkedIn
NatWest and Lloyds have backed a financing package designed to accelerate the delivery of a 1GW solar pipeline.
"landmark transaction"
A syndicate of 13 banks and financial institutions backed the £410m debt financing round.
"This milestone is not just a win for Zenobē but marks a significant leap forward in the movement towards a clean, low-carbon transportation sector in the UK."
The revolving credit facility will support major investments in beauty, technology and infrastructure.
"We are delighted to join The Hut Group’s core banking facility at this exciting time in the company’s development. This transaction is in line with the banks strategy of facilitating UK corporates with their trade flows to China and underlines our confidence in the THG management team."