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    • Dec 6, 2022

Newcastle Airport refinances bank facilities incl. green loan to progress Net Carbon Zero projects

1st December 2022


Newcastle International Airport is set to progress a number of green projects after securing its first ever sustainable finance package, totalling £208m from four major lenders.


The refinancing will see the airport, which is the 11th busiest in the UK, commit to a number of sustainability targets to support its Net Zero Carbon 2035 plan.


The finance facilities also include a £15 million green loan that will enable the airport to progress, for example, the next phases of its solar farm project and its continued transition to electric vehicles.


Altitude supported Newcastle International Airport to develop its business plan with the scope including:

  • Review of the business plan forecasts.

  • Development of a report commenting on the forecasts with supporting analysis.

  • Presentation to lenders.

  • Q&A support.

  • Providing reliance on the report.

For more details please see:

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