The capital commitment will be directed towards large-scale renewable energy projects and enable Low Carbon to provide liquidity for its pipeline of projects until 2025, the firm said.an additional 310 million pounds of financing for 450 megawatts of solar projects in Britain and the Netherlands from several leading banks.
This came on top of a 230 million pounds financing facility agreed last year with NatWest, Lloyds Bank and AIB. Low Carbon also said it is also due to enter the German renewables market and expand into North America, without disclosing further details.Oversees and coordinates EMEA coverage of power, gas, LNG, coal and carbon markets and has 20 years' experience in journalism. Writes about those markets as well as climate change, climate science, the energy transition and renewable energy and investment.