a year ago
Hometree Secures Funding from BlackRock to Expand Renewable Energy Acquisitions
Hometree, a London-based company focused on sustainable homeownership, has secured a debt facility from BlackRock
This funding will enable Hometree to acquire renewable energy installers across the UK, expanding its capabilities and customer base
The company aims to play a significant role in the UK's net zero ambitions by providing homeowners with access to energy-efficient solutions and supporting services
BlackRock's investment reflects its commitment to sustainable investments and innovative businesses.
ProblemTechnology Infrastructure
"Making it easier and more affordable for homeowners to install renewable energy technologies like heat pumps, helping them decarbonise their homes and contribute to the UK's net zero goals."
Solution
"Hometree provides a one-stop shop for homeowners looking to install renewable energy technologies, offering financing, installation, repair, and maintenance services. They also acquire and integrate renewable energy installers across the country, increasing their scale and capacity to meet growing demand."