AIB has backed Lidl's development of eight energy-efficient stores with an €80 million green lending package, the bank announced.

According to RTÉ, the German supermarket chain has opened five A1 Building Energy Rating stores in the Republic of Ireland and three Energy Performance Certificate A rated stores in Northern Ireland, supported by the investment. The stores are located in Kilcarbery, Enfield, Ballyfermot, Carndonagh and Maynooth, and Carryduff, Stewartstown and Strabane.

Lidl said the flagship Maynooth store is Ireland's first net zero supermarket. The facility generates all operational energy from on-site renewables in the roof and car park, and offsets carbon through progressive construction methods.

The Maynooth store's construction integrated sustainable materials, including salvaged stone and concrete with 50% recycled content. The design demonstrates how retail infrastructure can achieve net zero operations through renewable energy generation and sustainable building practices.

Cathy Bryce, managing director of Capital Markets at AIB, said the investment supporting projects such as the Maynooth store demonstrates the bank's commitment to empowering communities and businesses to act sustainably and responsibly.

She added: "We recognise that enabling businesses to invest in energy efficient infrastructure is vital not only for a greener future, but also for building resilience and competitiveness within towns and villages around the country and the wider Irish economy."

Avril O'Hehir, chief financial officer at Lidl Ireland, said sustainability is at the core of Lidl's business strategy. She added: "We are committed to investing in delivering the most sustainable retail operations on the island of Ireland. This investment from AIB is instrumental in achieving our ambitious sustainability objectives."

Lidl is Ireland's largest commercial rooftop solar panel operator, with installations across more than 100 stores and logistics centres.

Learn more about AIB's green lending and Lidl's sustainability strategy.