Sunsave Secures £100 Million Facility to Expand Solar Subscription Service
Deal News | Jul 24, 2025 | Hogan Lovells
Hogan Lovells has advised Crédit Agricole CIB on a £100 million private securitisation warehouse facility to support Sunsave, a UK-based solar subscription service provider. This financial backing aims to enhance Sunsave's rollout of its Sunsave Plus service, facilitating the installation of rooftop solar panels for numerous British households seeking sustainable energy solutions amid rising costs. As part of its broader vision to become a comprehensive home energy platform, Sunsave plans to extend its subscription model to incorporate complementary technologies such as electric vehicle chargers and heat pumps. The Hogan Lovells team, led by securitisation partner Julian Craughan, played a crucial role in the legal structuring and documentation of the facility. This collaboration highlights a growing trend in structured finance as a driver for energy transition, underpinning innovative clean technology solutions across Europe. IDCM Limited served as the financial advisor to Sunsave.
Sectors
- Renewable Energy
- Financial Services
- Legal Services
Geography
- United Kingdom – Sunsave's services and the investment are focused on the UK market, aiming to address local energy needs and promote renewable technologies.
- Europe – The article mentions a broader commitment to sustainable finance transactions across Europe, indicating a wider geographic relevance.
Industry
- Renewable Energy – The article discusses Sunsave's solar subscription service and its role in expanding renewable energy solutions to households, highlighting clean technology initiatives.
- Financial Services – The involvement of Crédit Agricole CIB and aspects of securitisation and structuring indicate the article's relevance to the financial services sector.
- Legal Services – Hogan Lovells' role in advising and structuring the facility showcases the significance of legal services in facilitating complex financial transactions.
Financials
- £100 million – The private securitisation warehouse facility provided by Crédit Agricole CIB to Sunsave.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Sunsave | Target Company | Company | A UK-based company providing solar subscription services intended to expand its renewable energy offerings. |
| Crédit Agricole CIB | Bidding Company | Company | The corporate and investment banking arm of Crédit Agricole, providing financial support for Sunsave's solar projects. |
| Hogan Lovells | Legal Advisor | Company | A global law firm advising Crédit Agricole CIB on the £100 million securitisation facility for Sunsave. |
| IDCM Limited | Financial Advisor | Company | Acted as the sole financial advisor to Sunsave in this transaction. |