Springfield Meadows, considered to be the UK’s most sustainable residential property development project, is to receive funding from Triodos Bank.

The agreement finances the completion of the zero-carbon project which is on schedule for completion in mid-2021. Springfield Meadows, located near Abingdon, comprises of 25 homes using zero-carbon construction and net-zero energy in use when occupied. The project has been recognised by Bioregional as a One Planet Living global leader, and has developed a unique partnership with Bucks, Berks and Oxfordshire Wildlife Trust (BBOWT) to protect and enhance biodiversity post construction. In addition, the houses go beyond Passivhaus standards, delivering 2050 carbon goals in 2020.

Paddy Thompson, CFO at developer Ssassy Property said: “This new funding package is great news for Ssassy and our other investors. Both businesses have shared values in being both sustainable and ethical which is fundamental to what we do. The financing allows us to complete this first of a kind project here at Springfield Meadows and contribute positively to reducing the UK’s carbon emissions. Triodos Bank and Ssassy are now actively looking for other residential projects to deliver the next step: climate positive homes.”

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