London based renewable energy investment manager NextEnergy Capital (NEC) has introduced an updated Green Finance Framework in London. The framework built on the first version launched in November 2024, which allowed NEC to secure Green Loans at reduced margins. The updated framework improved governance and strengthened risk controls, guided by a revised Sustainable Investment Policy and new group-wide Sustainability Policies. Standard & Poor’s issued a Second Party Opinion validating the framework and awarding a Dark Green rating. The assessment highlighted NEC’s integration of nature into investment decisions and its supply-chain and climate-risk oversight, noting no weaknesses. NextPower V ESG was the first fund to use the original framework and received a five-basis-point margin reduction after meeting sustainability-linked conditions. NEC stated that investors across its managed funds would continue benefiting from the updated framework.