Posted by: Windfair Editors
Green loan for Photovoltaic and Wind Energy Projects in Chile
Official Press Release Acciona:
ACCIONA signs a green loan with BBVA to fund renewable projects in Chile
The 100 million euros loan furthers the company's participation in funding mechanisms that recognise and certify its sustainability
ACCIONA has signed a 100 million euros "green loan" with BBVA to partially fund its photovoltaic and wind energy projects in Chile. "Green loans" are regulated under the same criteria as "green bonds": an independent auditor certifies the contribution to sustainability by the projects they fund. The long-term loan, one of the first awarded to a Spanish company, is entirely funded by BBVA and structured as a green instrument, certified to conform to the Green Bond Principles by Vigeo Eiris, an independent rating and research entity in the area... ... More: Official Press Release Acciona
- Keywords:
- Acciona, Chile, green loan, funding