Press release • Maldives Resorts• Brand• Sustainability
We expand our solar power developments at Soneva Fushi and Soneva Jani in the Maldives based on a USD 10 million funding provided by German-headquartered Aareal Bank, boosting the electricity generated from renewable energy to over 50% at both resorts.
“While Soneva has been a carbon neutral company since 2012, it is the elimination of emissions from the operation of our resorts in remote locations that’s presented the greatest challenge to reaching our zero-carbon goal,” said Bruce Bromley, Chief Financial Officer and Deputy CEO of Soneva. “Our partnership with Aareal Bank is a cornerstone of our capital structure and this facility, which will now allow us to take a major step towards achieving carbon-free operations at our Maldives resorts, demonstrates Aareal Bank’s commitment to supporting companies like Soneva on our transition to a zero-carbon future.”
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