UPP Secures £110 Million Sustainability-Linked Loan with Deutsche Bank to Drive ESG Goals

UPP Group Holdings has secured its first £110M sustainability-linked revolving credit facility (RCF) with Deutsche Bank, tying borrowing costs to environmental targets such as carbon reduction, water conservation, and exceeding Biodiversity Net Gain (BNG) standards across its 35,000-room student accommodation portfolio. The deal supports UPP’s commitment to sustainability-led growth and aligns with Deutsche Bank’s €500B sustainable finance target by 2025. The financing is a significant step in integrating nature-focused solutions into large-scale infrastructure, with UPP aiming to enhance biodiversity across both new and existing developments. Resources: https://esgnews.com/upp-secures-110-million-sustainability-linked-loan-with-deutsche-bank-to-drive-esg-goals/