The UK Green Investment Bank (GIB), leading global investment firm KKR, and specialist investment manager Temporis Capital LLP have today announced a new £200m lending programme for community-scale renewable energy projects in the UK. The London office of Debevoise & Plimpton LLP advised Temporis on the programme.

This is the first time that GIB has supported the community-scale renewables sector and the first investment of KKR in the UK renewable energy sector.

GIB and KKR will each be providing up to £100m to the lending programme, which will be managed by Temporis Capital.

The Debevoise team advising Temporis was led by London based partner Geoffrey Kittredge, assisted by associate Christopher Cartwright. Tax advice was provided by London based partner Richard Ward.