Global Infrastructure SherpaGridserve Green Loan for Renewables & EV Charging Recognized as Europe Deal of the Year
Gridserve secured a landmark £200 million green loan from a syndicate including Lloyds Bank and Santander. This financing drives the development of 150MW of solar PV and battery storage.
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Gridserve's green loan for its UK-based renewables and EV charging infrastructure earned Europe Deal of the Year recognition, a strong indicator of market belief in the sector's growth. The financing directly fuels Gridserve's strategy to develop, construct, own, and operate sustainable energy projects. Latham & Watkins, a global law firm advising major institutions, represented the investor, bringing significant legal expertise to the transaction. This deal highlights the increasing institutional backing for expanding sustainable transport and energy solutions.
- Recognized as Europe Renewables & EV Charging Deal of the Year.
- GRIDSERVE secured green loan for UK-based infrastructure.
- Latham & Watkins advised investor on the financing.
- Deal announced January 1, 2023.
Timeline
Announced
Jan 1, 2023
Signed
Closed
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