Case studies: Greener Homes Alliance
Delivering energy-efficient homes alongside Homes England
These case studies showcase developments funded through the Greener Homes Alliance – our partnership with Homes England – supporting SME developers to deliver high-quality, energy-efficient homes across England. Each project shows how targeted finance and sustainability-led criteria translate into real-world impact.
Thornwood, Epping — South East
Loan: £22 million
135 new homes
100% Zero Bills Homes
Through our Greener Homes Alliance with Homes England, we financed the development of 113 new homes at Thornwood Common, Epping. This flagship scheme delivers affordable, energy-efficient homes where residents will benefit from zero energy bills for at least 5 years – a key step towards more sustainable, inclusive communities.
- 113 new homes, including 35 affordable units
- All homes meet Octopus Energy Zero Bills™ standard
- Fossil fuel–free development with zero on-site construction waste
- Targeting Greener Homes Alliance Gold discount (2%)
Blackheath, London — South East
Loan: £19.5 million
63 apartments
2,200 sqm commercial
We provided development funding through our Greener Homes Alliance to transform a former business centre in Blackheath into 63 energy-efficient apartments and 2,200 sqm of commercial space. The scheme supports both local business growth, while increasing the supply of affordable homes.
- Renewable heating and hot water via ground source heat pumps
- Solar PV panels generating clean electricity
- High-rise residential tower with panoramic views of London skyline
- Includes shared ownership and affordable rent homes
Cribbs Causeway, Bristol — South West
Loan: £10.7 million
100% EPC A
100% fossil fuel-free
As part of our Greener Homes Alliance, we funded the development of 30 EPC A-rated homes in Bristol, including eight affordable homes. The project achieved the Alliance’s highest sustainability discount for all homes meeting EPC A standards. This ground-breaking development won the Sustainability category at 2024 Bristol Property Awards.
- EPC A rating across all homes (SAP 92+)
- Air source heat pumps and solar PV panels
- Electric vehicle charging points
- Community spaces including allotments, play areas and meadow planting
Ramsey, Essex — East Anglia
Loan: £4.2 million
15 new homes
100% EPC A
We supported the final phase of a housing development in Ramsey, Essex, delivering 15 new EPC A-rated homes. Delivered under the Greener Homes Alliance with Homes England, the project achieved the highest sustainability discount for its outstanding energy performance.
- 15 EPC A-rated homes (SAP 97–100)
- Solar PV panels generating renewable energy
- High-performance insulation for improved thermal efficiency
- EV charging points supporting low-carbon transport
