Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Good Energy Wins Lloyds TSB Loan for Solar, Wind Plans in U.K.

Don't Miss Out —
Follow us on:

April 29 (Bloomberg) -- Good Energy Group Plc, a British renewable-power supplier, won a 7.5 million-pound ($12 million) loan from Lloyds TSB Bank Plc to advance its wind and solar project plans.

The three-year revolving loan combined with a current overdraft facility gives the Wiltshire-based company 10.5 million pounds in total from Lloyds, Good Energy said today in a statement.

The company will use the loan to advance its solar and wind projects with longer development times requiring funding flexibility, Garry Peagam, finance director, said in the statement.

To contact the reporter on this story: Sally Bakewell in London at sbakewell1@bloomberg.net

To contact the editor responsible for this story: Reed Landberg at landberg@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.