News
Pluto Finance backs 56 new homes in west Wales with £8.9m loan package
ESG-aligned funding will support low-carbon developments in Ceredigion and Pembrokeshire
PLUTO FINANCE has completed its first two residential development loans in Wales, totalling £8.9 million, from the Welsh Pension Partnership (WPP) investment sleeve. The funding will support the construction of 56 energy-efficient homes in Ceredigion and Pembrokeshire, delivered by Obsidian Homes.
The two schemes will provide a mix of open-market and affordable housing targeted at local people and key workers, including those in healthcare, education, and emergency services.
The first loan, for £4.35 million, supports Phase One of a 37-home scheme in Llanarth, Ceredigion, close to a popular holiday destination. The phase includes 16 open-market homes and five affordable properties, which will be sold at 70% of market value. A second phase—comprising 14 more open-market units and two affordable homes—will follow once sales progress.
The second loan, for £4.57 million, funds a new development in Kilgetty, Pembrokeshire. This project will deliver 15 open-market houses and four affordable apartments. The affordable units will be acquired directly by the local authority. Construction is already underway, with Pluto stepping in to complete the lending package within two weeks of credit approval.
Both councils have shown strong support for the developments, which prioritise affordability, sustainable construction, and homes for local families. Designed to high environmental standards, the homes feature timber-frame construction, photovoltaic panels, and low-carbon heating systems. All units are expected to achieve an EPC A rating, and developers estimate lifetime carbon savings of up to 92%.
Jonathan Scott, Lending Director at Pluto Finance, said: “These developments are exactly the kind of projects Pluto is proud to support—high-quality, low-carbon homes that meet genuine local need. We’re especially pleased to be working with Obsidian Homes, who share our values and commitment to sustainable placemaking. Our flexible approach and deep understanding of regional markets continue to support a growing pipeline of projects across Wales.”
Paul Rees of Obsidian Homes added: “Pluto has been a reliable and pragmatic funding partner throughout the process, enabling us to move forward with these important West Wales schemes. We’re already seeing strong demand, with two homes reserved ahead of formal marketing.”
The two loans form part of Pluto Finance’s broader strategy to drive regeneration, boost local economies, and address housing imbalances in communities where second homes often outnumber primary residences.
News
Fatal crash appeal after driver dies on A44 near Aberystwyth
POLICE are appealing for witnesses after a driver died in a crash on the A44.
Dyfed-Powys Police said the collision happened at around 6:10pm on Tuesday (May 5) on the A44 between Capel Bangor and Goginan, near Aberystwyth
The crash involved a single vehicle, a white Volkswagen Golf, which was travelling eastbound towards Goginan when it left the carriageway.
Sadly, the driver died at the scene. Their next of kin have been informed and are being supported by specialist officers.
Police confirmed there were no other passengers in the vehicle.
Officers are now asking anyone who witnessed the collision, or who may have dashcam footage from the area at the time, to come forward.
Anyone with information is asked to contact Dyfed-Powys Police online, by emailing [email protected], or by calling 101.
Charity
Milford Haven Beer Fest set for Bank Holiday return
Festival promises live music, Welsh ales and community spirit at the waterfront
MILFORD HAVEN Beer Fest is set to return later this month, with organisers promising another packed day of live music, craft drinks and festival atmosphere.
The popular annual event will take place at Milford Waterfront on Saturday, May 23, inside the Ascona Group Marquee, with doors opening at 12:00pm.
Organisers say no advance tickets will be available, with entry operating on a first come, first served basis. Another sell-out is expected and early arrival is strongly advised.

A wide range of Welsh breweries and drinks producers will be represented, including Tenby Harbwr Brewery, Bluestone Brewing Company, Gethin’s Cider, Mantle Brewery, Gower Brewery and Core of the Poodle.
Tiny Rebel Brewery will also be serving lagers, IPAs and its new stout, Coal Drop, while Barti Rum will showcase its latest canned drinks. Prosecco and Pimm’s will also be available.
Entertainment throughout the day will be hosted by Pure West Radio, with headliners 4th Street returning to the waterfront.
The line-up also includes a DJ set from former Welsh rugby international and British and Irish Lion Josh Navidi, alongside performances from Steve Bartram, Big Chicken, Jake Taylor, Function 22 and Natalie O’Brien.
Festivalgoers will also be able to enjoy a street food zone featuring Grub Tacos, Junkyard Dogs and Reeves BBQ.
Community support
Nathan Rees, chairman of Milford Haven Round Table said: “The Beer Festival is a huge highlight for us – not just for the atmosphere, but for the impact it has.
“Every penny raised goes back into the community, funding events like our Carnival and Fireworks and supporting local causes.
“We’re also incredibly grateful to The Ascona Group for their continued sponsorship and to the Port of Milford Haven for their ongoing support as our Major Events Partner, as well as all the Beer Festival sponsors for 2026.”
Ticket information
Entry costs £25 and includes four drink tokens, a festival cup and live entertainment throughout the day.
Additional drink tokens will cost £2.50 each, with cash and card accepted.
The event is strictly over-18s only.
Organisers say there will be a 100 per cent bag search policy, with visitors strongly advised not to bring bags. Free water will be available, and dogs will not be allowed.
Charity
Pembroke Dock charity shop expands to support hospice care
SHOP NOW OPEN SEVEN DAYS A WEEK AFTER EXPANSION INTO ADJOINING UNIT
A CHARITY shop in Pembroke Dock has expanded into a neighbouring unit to help raise more money for local hospice care.
Paul Sartori Hospice at Home has completed a knock-through at its shop in Bierspool, London Road, creating a larger retail space and allowing the charity to offer a wider range of items, including furniture.
The expanded shop was officially opened on Friday (May 1) by the outgoing Mayor of Pembroke Dock, Cllr Michelle Wiggins.
The shop team, led by Kelly Elliot and supported by volunteers, worked for several weeks to prepare the new-look store for customers.
Head of Retail Julia Brady welcomed guests at the opening, while the charity also thanked staff, volunteers and supporters who helped decorate and prepare the premises.
Special thanks were given to Gill at Pembroke Dock Tesco for donating treats for customers and staff on the day.
Paul Sartori Hospice at Home operates nine retail shops and an eBay department. Income from donations and sales helps fund the charity’s clinical teams, who provide free specialist palliative care to patients and families across Pembrokeshire.
The charity says it costs £3,600 every day to deliver its free clinical services. Around 30% of that cost is funded through Hywel Dda Health Board, with the remainder raised through retail income, fundraising and community support.
The Pembroke Dock shop is now open seven days a week, giving people more opportunities to shop, donate and support local hospice care.
Paul Sartori Hospice at Home was established in memory of Father Paul Sartori, a much-loved local priest who recognised the need for hospice care before his death from cancer at the age of 39.
The charity provides care for people with any life-limiting condition, not only cancer, and supports patients of all faiths and none. It operates an open referral system, with referrals accepted from patients, families, friends and healthcare professionals.
Paul Sartori Foundation Ltd operates under the name Paul Sartori Hospice at Home. The charity was registered in 1982 and will celebrate its 45th anniversary during 2027/2028.
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