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Sustainable Suffolk Investment 1

Interest rate 4.0% a year
Term 5 years
Target £1m
Raised £133,279
88 days left
thumbnail of Sustainable Suffolk Investment 1

About Suffolk County Council and Sustainable Suffolk

Suffolk County Council is delivering these projects as part of Sustainable Suffolk - an initiative that involves all of Suffolk’s councils (district, borough and county) and the Police and Public Health services in Suffolk, who are working together to create a more sustainable county for its current residents and future generations.

Hundreds of people across these organisations and bodies deliver the Suffolk Climate Emergency Plan, published in 2021. These efforts, projects and people all come together under the name of Sustainable Suffolk.

How is the council using the money raised?

Suffolk County Council is committed to increasing renewable energy generation at its corporate offices, fire stations, libraries, and locations where it delivers key public services. The money invested in the first phase of the Sustainable Suffolk Investment will be used to install energy-efficient upgrades at such council-owned sites to lower carbon emissions from utilities.

These are expected to include installation of solar panels and efficient electric heating systems such as heat pumps. The projects are being delivered as part of Suffolk County Council's Climate Emergency Capital Programme and are scheduled to be delivered between April 2026 and March 2027.

Heat pump installed to cut fossil fuel usage
Suffolk County Council is investing in green energy and energy efficiency upgrades
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All investments from Suffolk County Council are compliant with the Green Loan Principles - internationally recognised standards that are also used by the UK Government for its green investments products. They require that the money invested can only be used to fund eligible green projects.

Key terms

BorrowerSuffolk County Council
Use of funds

Funding Eligible Green Projects under the Green Finance Framework, with an expected focus on Green Energy.

Interest rate4.0% 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 date31 December 2030
Capital repaymentRegular instalments
Offer open date1 September 2025
Offer close date1 December 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 31 December 2025.
Interest periodsFrom 1 January to 30 June and 1 July to 31 December each year, starting from 1 January 2026.
Return structure10 semi-annual payments of Interest & Capital on the last day of each Interest Period, with the last one on the Maturity Date.
Arrangement 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.
Management fee0.20% of total amount raised 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 Together with the key terms, the loan conditions form the legal agreement that define the terms of the investment.

Payment schedule

Find out how much you could earn using the calculator below.