Barclays has confirmed a loan of £95.5 million to the developers of the Moray West offshore wind farm, offering a hedge against inflation and changing interest rates.
Barclays Corporate Banking
Barclays must put a stop to the 17 billion dollars a year it sends to finance fossil fuel companies and stop funding coal mines and controversial tar sands exploration, a group of shareholders have said.
Oil and gas giant Shell has announced the agreement of a new $10 billion revolving credit facility to help progress the firm towards its net carbon footprint.
Oil prices could rise due to the “perfect storm of stagnant supply, geopolitical risk, and a harsh winter,” according to an April 12 note from Barclays.
A major lender is to offer home owners “green mortgages” from next week - with lower interest rates for people who choose to buy an energy-efficient new-build home.