Octopus Capital has provided a £3.15m development loan to Autograph Homes to fund five energy-efficient houses in Tickenham, North Somerset.
The project will see two detached four-bed and three detached three-bed houses built on a brownfield site.
All five homes will target energy performance certificate (EPC) A ratings and be fossil fuel free, using solar panels, heat pumps and batteries.
The 19-month senior debt facility includes a 12-month construction phase.
The homes are expected to be completed in 2026.
The scheme is being delivered as part of Greener Homes Alliance 2, a partnership between Octopus Capital and Homes England, which backs small to medium-sized enterprise (SME) housebuilders to deliver more energy-efficient homes across England.
Jenna Hollins, investment manager at Octopus Capital, said: “This deal under the Greener Homes Alliance 2 reflects exactly what it’s here to achieve – supporting SME housebuilders delivering high-quality homes that go beyond current standards and cut energy bills for their tenants.
“Autograph’s focus on sustainable design fits directly with our lending criteria, helping to accelerate the shift to greener living.
“We’re proud to continue working with Autograph on a project that showcases how strong partnerships can deliver real impact, both for residents and the environment.”
Simon Taylor, director at Autograph Homes, said: “We are pleased to be working with Octopus Capital again.
“The Greener Homes Alliance funding helps us deliver these much-needed low carbon technologies more economically.”
