RBS has announced that it is increasing its lending to the sustainable energy sector, after the securitisation of £1.1 billion of loans to the UK sustainable energy market. The banking heavyweight has secured a deal with Macquarie Infrastructure Debt Investment Solutions (MIDIS) to allow for synthetic risk transfer securitisation. Capital can now be recycled to allow for the increase in the bank’s lending to the sustainable or renewable energy sectors. This is the first securitisation of its kind, according to RBS, as an exclusively UK environmental, social and governance (ESG) synthetic securitisation from a financial provider specifically for supporting a sustainable energy sector.
Solar Power Portal 31st Jan 2020 read more »