Empowering Sustainable Finance: Womble Bond Dickinson launches its Financing Decarbonisation campaign
In a world increasingly focused on sustainability, Womble Bond Dickinson is launching its Financing Decarbonisation campaign, aimed at highlighting the work it does to help overcome legal obstacles to facilitate investment in projects that drive environmental impact and sustainability.
Womble Bond Dickinson provides clear legal advice and expert guidance to lenders and borrowers, enabling them to contribute effectively to decarbonisation efforts whether they’re navigating regulatory changes, seeking legal guidance for acquisitions or joint ventures, or embarking on infrastructure projects.
With decades of experience of advising clients on debt and equity documentation, together with expertise in energy, projects and real estate, the firm offers a comprehensive service to clients looking to provide or access finance to fund a sustainable future for all.
John Connor, head of Womble Bond Dickinson’s banking practice, said: “Saving the planet needs smart investment. Our Financing Decarbonisation campaign is designed to highlight the legal support that we offer to clients investing in projects that will make a real contribution to decarbonisation. We are dedicated to helping lenders, investors and developers navigate the complexities of financing and regulatory requirements, ensuring they can achieve their sustainability goals with confidence. As the move to net zero accelerates, we are proud to be supporting investment into projects that deliver positive environmental and social impact, which very much aligns with our own values as a law firm.”
Supporting Decarbonisation Projects
Womble Bond Dickinson’s financial institutions practice acts for a diverse range of clients and regularly advises on legal issues and contractual documentation relating to finance, real estate, energy and corporate transactions.The firm advised Triodos Bank UK in relation to the two term loan facilities to Oxygen Conservation to fund the purchase of properties from Buccleuch Estates for a rewilding project. Oxygen Conservation aims to tackle climate change and the biodiversity crisis, and works to protect and improve natural assets, through the delivery of a diverse range of projects, including species reintroduction, landscape connectivity, regenerative agriculture, woodland creation, renewable energy generation, sustainable housing, and eco-tourism and carbon sequestration through woodland and peatland restoration. Mavric Webbstock from Triodos Bank UK said: “We’re extremely grateful for the expertise and commitment of the WBD team, who pulled out all the stops to make this transaction a great success.”
Womble Bond Dickinson also acts for a syndicate of lenders in relation to a loan facility made available to a national house builder Hill Holdings Limited. The facility was increased this year to £220m and was one of the first sustainability linked loans in the house builder market, allowing the Borrower to benefit from a lower interest cost as their green credential increase in the future, based on four sustainability criteria: biodiversity net gain, reducing operational carbon, reducing scope one and two carbon, and the company’s overall sustainability rating measured by the NextGeneration scoring system.
Additionally, the firm advised RES, one of the world’s largest independent renewable energy companies, on HYRO, a joint venture with Octopus Energy that develops, owns and operates new cost-competitive and reliable green hydrogen plants fuelled by clean, renewable energy. The firm is currently engaged in advising a debt funder in connection with the financing of a new windfarm development.
Join us in leading the way towards a sustainable future. Visit our website or contact our team to learn more about our Financing Decarbonisation campaign and how you can be a part of this transformative initiative.
