Standard Chartered’s £500 Million Solar Deal Puts UK Clean-Energy Finance Back in Play
Standard Chartered has arranged up to £500 million in senior secured financing for a UK solar and battery portfolio linked to Elgin Energy. The facility, raised by Amalfi Finance Company, will fund up to 1 GW of solar assets with co-located battery storage. The bank also bought 832,000 shares on April 23 under its buyback program.