Hometree branches out with L&G-led funding and BeWarm takeover
Hometree, a residential vitality companies supplier backed by main City traders, is tapping an arm of the insurance coverage big Legal & General (L&G) for recent funding after sealing the acquisition of a inexperienced dwelling enchancment platform.Sky News has learnt that Hometree, which was based by Simon Phelan in 2016, will announce a $46m equity-raise on Wednesday.
The capital injection - Hometree's largest up to now - can be collectively led by L&G Capital, 2150 and Energy Impact Partners, the latter two of that are specialist vitality and sustainability traders.Hometree will announce alongside the equity-raise that it has agreed to amass BeWarm, a inexperienced dwelling enchancment financing platform providing merchandise corresponding to inexperienced loan...










