The rolling facility will allow Anesco to drawdown from the £7m finance package as it needs.
Anesco helps businesses, local authorities, housing associations, and homeowners to reduce carbon emissions.
CEO of Anesco Adrian Pike said, ‘RBS wanted to learn and understand our business models. They showed real knowledge of the sector and provided products that will save the company money in the short term, while providing a platform for us to grow significantly over the next five years.
‘As well as this agreement, we are now in discussion about further funds to help us deliver free biomass and commercial solar roof top installations.’
RBS CIB head of south technology team Roland Emmans said, ‘We’re delighted to be working with Anesco, which is a pioneering company in a fast-growing sector. It’s a firm that is really going places and we’re pleased to be able to aid its future growth with this innovative finance solution.’
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