Built Environment · Evidence Layer
Willows Health · Leicester, UK · FY2026
Pilot · pending VVB
DFI & Investor Readiness
Instrument eligibility, KPI ladder and assurance
Instruments
5
Eligible
2
green
Structuring
2
amber
Not applicable
1
red
Instrument eligibility
| Instrument | Applies to | Status | Note |
|---|---|---|---|
| PSDS | Portfolio | not applicable | Public Sector Decarbonisation Scheme is closed to these sites. |
| BUS (Boiler Upgrade Scheme) | Portfolio (heat-pump measures) | eligible | Up to £7,500 standard; £9,000 for eligible off-gas-grid properties from 21 Jul 2026 – 31 Mar 2027. |
| Puma Impact Lending | Anchor | eligible | New-build anchor eligible for impact-lending structuring conversations. |
| Sustainability-Linked Loan (SLL) | Portfolio | structuring | KPI ladder in structuring; margin step-downs tied to tCO2e and kWh/m² tiers. |
| Green Loan | Portfolio | structuring | Use-of-proceeds framework in drafting against LMA Green Loan Principles. |
SLL — KPI ladder
Tiered targets with margin step-down
| Tier | KPI | Target | Margin step |
|---|---|---|---|
| T1 | tCO2e reduction vs baseline | ≥ 15% | -5 bps |
| T2 | Energy intensity (kWh/m²) | ≤ 180 | -10 bps |
| T3 | Measurement coverage | ≥ 95% | -15 bps |
Assurance ladder
Self-reported → Limited → Reasonable (ISO 14064-3)
- 1Self-reportedClient-declared figures without third-party review.
- 2Limited assuranceCurrentPilot position — evidence pack under structuring.
- 3Reasonable assurance (ISO 14064-3)Target: post-appointment of VVB.
Concessional term-sheet — placeholder
For structuring discussion only
Amount
£ TBD
Tenor
7–10 yrs
Margin
SLL step-down applies
KPIs
tCO₂e, kWh/m², coverage %
Use of proceeds
Eligible measures (LMA GLP)
Reporting
Annual, ISO 14064-3 assured (target)
Placeholder — not a commitment or offer.
Assumptions & provenance
- Eligibility is indicative and subject to lender credit approval and full diligence.
- PSDS (Public Sector Decarbonisation Scheme) is closed to these sites.
- BUS window: up to £7,500 standard; £9,000 off-gas-grid uplift 21 Jul 2026 – 31 Mar 2027.
- No financing has been committed for this portfolio at the date of this pack.
- Figures are pilot inputs pending independent verification; not yet VVB-assured.