Lenders ponder Brexit strategy as Inspired signs

Bitten Pound
By Mike Turner
05 Nov 2019

The UK’s Inspired Energy, an energy procurement adviser, has signed a £60m facility from two lenders, as some loans bankers say the best way to deal with the shifting Brexit goalposts is to keep pushing ahead with sterling deals.

Energy consultancy Inspired Energy signed the loan from existing lender Santander and new lender to the firm Bank of Ireland. 

It matures in 2023 with an option to extend by another year. The facility also comes with a £25m accordion option. 

Inspired Energy plans to use the money to refinance ...

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