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Triodos Renewables (Wern Ddu)
Renewable energy (Environment)
An £8 million loan enabled Triodos Renewables, which owns and invests in a range of sustainable energy projects, to construct a four turbine 9.2 MW wind farm in Denbighshire, North Wales. Wern Ddu is the fifth wind farm in the company's portfolio, its first in Wales and increases its total generation capacity by 40%.
Energy is a necessity in modern life but the current dependence on fossil fuels to provide it has a high environmental and social impact. We believe that a fundamental transition is needed away from a carbon based economy to a renewable one. By lending and investing in this sector we try to stimulate this transition, with our main focus on financing solar, wind and hydro energy.