Barclays snaps up stake in energy efficiency platform SaveMoneyCutCarbon

BusinessGreen staff
clock
Barclays aims to be a net zero bank by 2050
Image:

Barclays aims to be a net zero bank by 2050

It marks the first move under the bank's £175m sustainable investment drive announced last month as part of its net zero strategy

Barclays has snapped up a "significant" equity stake in digital energy efficiency platform and consultancy SaveMoneyCutCarbon for an undisclosed sum, as the bank today confirmed its first major green investment...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join nowTry 7 day trial

 

Already a BusinessGreen member?

Login

More on Venture Capital

England defender Chris Smalling has launched ForGood venture capital consultancy

Team ForGood: Footballer Chris Smalling joins line-up of celebrity green investors

Former Manchester United defender is one of the backers of a new venture capital consultancy which aims to invest between £50,000 to £1m in green start-ups

clock 07 June 2022 • 2 min read
Shells Qabas solar plant in Oman | Credit: Shell

Shell swoops for Indian renewables giant Sprng Energy in $1.55bn deal

Oil and gas giant set to triple its global operational wind and solar capacity as a result of the agreement with private equity firm Actis

Michael Holder
clock 29 April 2022 • 2 min read
Food waste is a major driver of greenhouse gas emissions

Restaurant food waste-cutting platform Choco valued at $1.2bn after latest funding round

Choco secures 'unicorn' status after securing $111m backing in latest investment round

clock 19 April 2022 • 2 min read