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Aldermore is pleased to announce the launch of its finance proposition specifically tailored for the energy and infrastructure renewables financing sector. The proposition will be backed by a dedicated team and will leverage our existing expertise whilst offering a refreshed customer experience.

The proposition forms part of our business finance strategy to invest in new, attractive and underserved segments where we can operate with deep expertise and become a go to funder of choice.  

There is significant growth in energy and infrastructure investment, supported by government environmental targets and consumer attitudes to renewable energy assets and the green agenda. Wind and solar alone contribute over 30% of the UK’s total energy generation capacity now and this is growing1.  

To address this market, we have appointed Lauren Pamma as head of energy and infrastructure. Lauren will be establishing a new team and her specialist knowledge of this sector will support the bank’s growth in this market.

Lauren will be joining Aldermore in June from the Green Finance Institute. Prior to this, Lauren worked for Lloyds Banking Group where she was responsible for leading the sustainability agenda for their motor finance and leasing division. She comes with a wealth of experience in the sector having worked in corporate finance for over 20 years.

Lee Rhodes, commercial director of asset finance at Aldermore said:

“I’m thrilled to welcome Lauren to the team. Her extensive experience will be invaluable to Aldermore.

“At Aldermore we’re committed to improving our offering to help businesses with their ambitions. I look forward to working closely with Lauren and the wider team as we continue to invest in and enhance our proposition with the provision of larger, structured facilities.”

**Ends**

 

Notes to editors

1 Energy Trends March 2024 (publishing.service.gov.uk)

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