Green Bond Fact Sheet

This fact sheet details a GBP69m/USD90m green loan issued by Argent, a UK property developer, to fund the Cadence sustainable residential development at King's Cross.

• Argent, a UK property developer focused on mixed use development, regeneration, and placemaking, issued a green loan totaling GBP69m/USD90m on 27-07-2020. The loan is intended to fund 'Cadence', which is described as the 'latest sustainable residential development at King’s Cross'.
• The green loan's use of proceeds is categorized under 'Buildings', specifically targeting 'HVAC systems' and 'Energy performance'. The Climate Bonds Initiative (CBI) notes that the loan supports 'low-carbon green buildings' that incorporate 'energy efficiency' and 'biodiversity via green roof space'.
• The loan was underwritten by HSBC UK and NatWest. The Climate Bonds Initiative uses this deal to encourage other banks to follow HSBC's lead in providing green finance facilities to businesses to aid the transition to a 'net zero emissions economy'.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-07_UK_Argent.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-07_UK_Argent.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=27 July 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-07_UK_Argent.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2020-07_UK_Argent.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }