The initiatives aims to help UK businesses fund renewable energy assets such as solar panels, biomass boilers and onshore wind turbines.
Investec Asset Finance has launched a sustainable energy finance arm, aimed at helping UK businesses fund renewable energy assets such as solar panels, biomass boilers and onshore wind turbines.
The offering will be led by new hire Charlotte Davies, who joins the company from Shawbrook Bank, where she was head of agriculture and renewables finance.
Previously, Davies worked at Royal Bank of Scotland (RBS), covering agriculture and renewables.
Davies will work closely with Investec’s power and infrastructure finance team, and will be responsible for developing the bank’s risk appetite.
She will roll out the origination strategy across Investec Asset Finance’s existing direct and indirect channels, as well as using her own supplier and customer relationships.
Wesley Harfield, head of sales at Investec, said: “Investec is committed to supporting UK businesses as they move towards sustainable energy.
“We see strong growth opportunities as more and more of our customers seek to reduce their carbon footprints and use renewable energy to generate income and create savings for their businesses, and we’re excited to have Charlotte bringing her experience to Investec.”