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Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
London-focused housebuilder to use the cash to invest in building low carbon homes
Berkeley Group has announced plans to raise £400m to build low-carbon homes by issuing a green bond to institutional investors. The £2.2bn London-focused housebuilder said it would allow the business to restructure its current banking facilities.
A green bond is a bond issued to raise long-term finance, specifically tied to the delivery of environmental objectives such as reducing carbon emissions.
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