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Barclays

Climate love

Financial boost to wind farm project in Scotland

Barclays has provided a significant boost to the Moray West offshore wind farm project in Scotland, by offering a loan of £95.5 million.
The wind farm which is operated by Ocean Winds, aims to supply nearly half of Scotland’s electricity needs, powering up to 1.33 million households.
The loan is part of a larger syndicated £2 billion injection, so as to ensure financial stability for the project and that the project does not stall.
With the loan secured, the project can now progress to the next phase, which includes supply chain activities and the commencement of installation works later this year.


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  • We Don't Have Time

    33 w

    Dear Kevin Your climate love has received over 50 agrees! We have reached out to Barclays plc by email and requested a response. I will keep you updated on any progress! To reach more people and increase the chance of a response, click the Share button above to share the review on your social accounts. For every new member that joins We Don't Have Time from your network, we will plant a tree and attribute it to you! /Adam, We Don't Have Time

    • Videlis Eddie

      52 w

      This is amazing...this will boost green energy 👏👏

      1
      • Joyce Waturu

        54 w

        I hail Barclays for this kind of investment and not otherwise fossil fuels.

        10
        • Joseph Githinji

          33 w

          @joyce_waturu_nyakweya great for the private sector to take in creating a sustainable future.

        • Rukia Ahmed Abdi

          54 w

          Great investment by Barclays

          5
          • Mats Nilsson

            54 w

            Good, but this bank can do more. They still invest in the fossile industry. https://www.reuters.com/business/sustainable-business/barclays-tightens-lending-dirtiest-fossil-fuels-2023-02-15/

            5
            • Richard Orengo

              54 w

              Really encouraging when NGOs participate towards a greener economy

              13
              • Joseph Githinji

                54 w

                A noble investment, this a great boost towards green energy.

                12
                • Oliver Ingwall King

                  54 w

                  @joseph_githinji it’s noble, it’s profitable. Clear and simple.

                  4
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