Hometree Blazes a Trail with UK's First Residential Renewable Securitization

In a groundbreaking move, Hometree, a residential energy services company backed by Legal & General, has secured a landmark £250 million asset-backed debt facility from Barclays for the UK's first residential renewable securitization. This innovative financing solution is set to accelerate the transition to clean, renewable energy by funding loans and leases for solar panels, batteries, and heat pump installations across the UK.

The Significance of Residential Renewable Securitization has long been a powerful tool for unlocking capital and providing liquidity in various asset classes. However, its application in the residential renewable energy sector is a novel concept that holds immense potential. By converting future cash flows from residential solar panel systems, batteries, and heat pumps into tradable securities, Hometree has opened up a new avenue for financing the widespread adoption of these technologies.