2022-05-18
http://w3.windfair.net/wind-energy/news/40373-statkraft-developer-credit-sustainability-linked-revolving-credit-facility-value-performance-environment-target-renewable-energy-capacity-agreement

Statkraft signs sustainability-linked revolving credit facility

Image: PixabayImage: Pixabay
Statkraft has a clear commitment to sustainability. The facility’s interest margin will be adjusted based on Statkraft’s performance on three pre-defined strategic sustainability targets on an annual basis.

Official Press Release Statkraft:

Statkraft signs EUR 1.3 billion sustainability-linked revolving credit facility

Wind Industry Profile of
Statkraft signs EUR 1.3 billion sustainability-linked revolving credit facility

Statkraft has signed a EUR 1.3 billion 5-year sustainability-linked syndicated revolving credit facility with two 1-year extension options. The facility replaces Statkraft’s existing syndicated revolving credit facility of NOK 9.2 billion which was signed in June 2016.

Statkraft has a clear commitment to sustainability, and through its activities aims to create value for society, the environment and the company. The facility’s interest margin will be adjusted (premium or discount) based on Statkraft’s performance on three pre-defined strategic sustainability targets on an annual basis. The targets relate to the company’s development of renewable capacity of hydro, wind and solar power, the company’s commitment to Health, Safety, Security and... ... More: Official Press Release Statkraft

Keywords:
Statkraft, developer, credit, sustainability linked, revolving credit facility, value, performance, environment, target, renewable energy, capacity, agreement







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