Michelmores is pleased to announce that it has acted as legal advisor to Triodos Bank UK, a leading expert in sustainable banking, in their recent £10 million funding deal with Thrive Renewables. This investment will support the construction and growth of Thrive Renewables’ expanding portfolio of renewable energy projects.
This transaction further strengthens Michelmores’ growing track record in renewable energy finance, following recent deals such as advising on the financing of a 34MW solar project in North Yorkshire.
The Michelmores team advising on the deal was led by Karen Williams, a Partner head of the Firm’s Banking & Finance team, alongside Danielle Collett-Bruce and Charlie Parker.
Karen comments:
“We were delighted to be able to support the Triodos team in respect of this significant transaction, which will allow Thrive to expand its existing investments, repowering existing assets and in respect of new renewables projects.”
Triodos Bank UK’s dedication to ethical banking and sustainable investments aligns closely with Thrive Renewables’ mission to deliver community-focused renewable energy.
Michemores’ Banking & Finance team’s strengths lie in understanding our clients’ greater commercial objectives and supporting them to achieve their goals, while keeping them ahead of the fast-moving regulatory landscape. The Firm looks forward to continuing to support impactful projects that contribute to a greener, more sustainable future.