Hartpury, based near Gloucester, is a leading higher and further education provider of specialist land-based courses, focusing on animal, equine, sport, agricultural and veterinary nursing courses.
The new £14.8m loan facility from Triodos, Europe’s leading sustainable bank, will help to fund a new Learning Resource Centre and other new campus facilities at Hartpury, as well as refinance existing lending.
The announcement comes as Triodos Bank continues to grow its lending to the education sector, as part of its mission to deliver social impact.
Paul Nicoll, social and cultural team manager in business banking at Triodos Bank UK, said: “We’re impressed by Hartpury’s academic standards and inclusive attitude. Its continued investment in students and facilities demonstrates the university’s commitment to helping students achieve their goals and find future employment. Quality education is key to enabling social cohesion and inclusion – which is why supporting the education sector is of great importance to Triodos Bank.”
Russell Marchant, vice-chancellor of Hartpury University and principal of Hartpury College, said: “We’re dedicated to ensuring that all of our students have access to the very latest equipment and facilities and a supportive, healthy and welcoming campus on which to live and study.
“Triodos Bank shares our commitment to doing all that we can to improve the environment and in creating a sustainable planet. We’re delighted to be working with Triodos Bank on our latest exciting project that will further enhance the range of facilities that we provide on campus for our growing number students.”
In the last 10 years, Hartpury has invested more than £50m in state-of-the-art campus facilities, including the world’s largest equine educational facility, a new sports academy, an animal therapy centre, fully equipped science laboratories and a new student accommodation block.
The planned new Learning Resource Centre is currently in the design and planning stage and will include a traditional library, dedicated careers advice space, flexible learning areas, meeting spaces and a café, with completion targeted for 2022.
In 2018, Triodos provided finance to the University of Winchester to support the development of a landmark new building at the University’s West Downs Quarter. The development will open this year and include cutting-edge sustainability features.
The funding tender for Hartpury was managed by Finalysis, leading banking and treasury specialists in the higher and further education sectors.