UpGreen

UpGreen is an AI-powered lending platform making retrofit projects viable for the “invisible middle” of commercial property: SME landlords who are locked out of green finance despite holding most of the UK’s non-compliant building stock.

80% of UK, EU, and US non-domestic buildings fail to meet current or prospective Minimum Energy Efficiency Standards, yet banks avoid financing retrofits for small owners due to high due diligence costs and unpredictable returns. This results in a vast, underserved market—contributing to over 850 MtCO₂e annually across UK, EU, and US commercial buildings.

UpGreen directly tackles this market failure. Our platform:

- Forecasts retrofit ROI using a proprietary dataset from real-world retrofits (cost, energy savings, and valuation uplift),

- Automates underwriting for retrofit loans based on future project cashflows, not borrower credit,

- Enables banks to bundle and structure portfolios, mitigating risk while greening their mortgage books.

In parallel, we provide E2E retrofit project delivery services to gather data, streamline implementation, and validate our models. We’ve already analysed 1900+ assets and partnered with property funds like AroundTown, ESR, Wesleyan, and local authorities.