thumbnail of H&F Green Investment 4

H&F Green Investment 4

Interest rate 4.1% a year
Term 5 years
Target £500k
Raised £39,889
88 days left
thumbnail of H&F Green Investment 4

About Hammersmith & Fulham Council

Hammersmith & Fulham Council wants to help create a green, clean and sustainable future. Its top-rated climate and ecological strategy and action plan - developed in collaboration with residents - guides their ambitious journey to making H&F carbon net zero. A key focus of its plans is improving energy efficiency and movng away from fossil fuels across council-owned buildings, a sector which currently accounts for 80% of the council's carbon emissions, as outlined in H&F's new cross-borough energy masterplan.

How is the council using the money raised?

The money invested will help fund a range of environmental and sustainable transport initiatives across the borough. These projects are expected to include:

  • expanding green infrastructure through rain gardens and wildlife areas, enhancing both biodiversity and natural flood management
  • taking action on toxic air in the borough, specifically around schools with green walls and sustainable drainage features
  • supporting active travel through new secure cycle storage facilities including innovative cargo bike parking

This investment is Green Loan Principles compliant

This investment has been issued under a Green Finance Framework. This is a voluntary standard which sets out how the council intends to manage its green local authority securities in the future, and outlines how they will meet the Green Loan Principles. This assures investors that funds raised can only be used to help them deliver on eligible green projects from within this framework, and Abundance will monitor the use of funds across the investment term to ensure the principles are being adhered to.

Cllr Rowan Ree visits a cycle hangar in Findon Road, Shepherds Bush funded by H&F Green Investment
Cllr Rowan Ree visits a cycle hangar in Findon Road, Shepherds Bush funded by H&F Green Investment

Key terms

BorrowerHammersmith & Fulham Council
Use of funds

Funding Eligible Green Projects under the Council’s Green Finance Framework, with an expected focus on Living and Natural Resources, Clean Transportation & Pollutions Prevention & Control.

Interest rate4.1% a yearThis is the interest rate paid by the Local Authority to lenders and does not include the cost of fees paid to Abundance in its role as Arranger and Agent.
Term period5 years after end of 'Initial interest period'
Maturity date30 September 2030
Capital repaymentRegular instalments
Offer open date2 June 2025
Offer close date1 September 2025The Loan Opportunity may be withdrawn before the Offer Close Date at the Borrower's discretion subject to it posting notice of withdrawal on the Abundance website.
Minimum borrowing amount£5.00
Maximum borrowing amountThere is no formal Maximum Borrowing Amount. The Borrower may raise such amount as agreed with Abundance in the context of its wider borrowing limits.
Initial interest periodThis will start on the date the lender makes their investment and ends on 30 September 2025.
Interest periodsFrom 1 October to 31 March and 1 April to 30 September each year, starting from 1 October 2025.
Return structure10 semi-annual payments of Interest & Capital on the last day of each Interest Period, with the last one on the Maturity Date.
Set up fee0.75% of total amount raisedThis is the fee paid to Abundance in its role as Arranger. The interest rate above is quoted after fees.
Administration fee0.20% of the outstanding loan amount, per yearThis is the fee paid to Abundance in its role as Agent. The interest rate above is quoted after fees.
Early repayment optionsThe local authority has the option to make a full early repayment of the loan on any payment date. An early repayment fee equal to 12 months’ Interest will apply.

Documents

Loan Conditions
Download PDF This document provides the overarching criteria and guidelines for how the council will raise funding for eligible green projects and ensure ongoing compliance with the Green Loan Principles.
Green Finance Framework
Download PDF Together with the key terms, the loan conditions form the legal agreement that define the terms of the investment.

Payment schedule

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