Hometree Secures 297 Million Euro Financing from Barclays

Hometree, a company established in London, has collected over 300 million euros in loan finance in order to democratize the installation of green energy.

The rapidly expanding residential energy services provider Hometree has secured debt financing from Barclays in the amount of 297 million euros. This financing will be used to assist homeowners in financing the installation of solar panels, battery storage systems, and heat pumps through a variety of lease and loan solutions that are considered to be industry leaders.

The zero-deposit payment alternatives are specifically created for the domestic renewable energy market, and the plans include system monitoring and repairs to assist households in making the transition to green power with confidence. There will be a significant number of homeowners who will be able to 'pay as they save,' meaning that the anticipated savings they will achieve through decreased energy bills will surpass their monthly payments from the very beginning.

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