Raw: [
Iberdrola has secured a €500 million syndicated green loan with ICO, Sabadell, and HSBC, covered by Cesce through its Green Investment Policy on behalf of the State. The loan, guaranteed…
The post Iberdrola, HSBC, ICO and Sabadell Sign €500 Million Green Loan for Renewable Projects in US, Australia, and Italy appeared first on ESG News.
]
Iberdrola, HSBC, ICO and Sabadell Sign €500 Million Green Loan for Renewable Projects in US, Australia, and Italy – ESG News
LOADING
ESG News
ESG Business
Sustainability
Technology
Infrastructure
ESG Reporting
ESG Standards
Environmental
Government
Diversity, Equity & Inclusion
ESG Investing
Sustainable Finance
ESG Funds
Digital Assets
ESG Lifestyle
ESG Events
Upcoming Event List
International
ESG Europe
ESG Asia
ESG India
ESG Russia
ESG Middle East
ESG Japan
ESG Canada
ESG Latin America
ESG United Kingdom
Videos
Force For Good
Greenwich Economic Forum
UN Global Compact Leaders Summit 2022
Blockchain for Europe
UNCTAD Sustainable Stock Exchange Initiative
Humanity 2.0
World Economic Forum
Caspian Week
Converge2Xcelerate
International WELL Building Institute
EarthX
Type to search
ESG NewsESG Business
SustainabilityTechnologyInfrastructureESG ReportingESG StandardsEnvironmentalGovernmentDiversity, Equity & Inclusion
ESG News Week In Review: 20 May – 26 May
ESG News
May 24, 2024
Fils and Telr Partner to Drive Sustainability in Finance and Payments
ESG News
February 16, 2024
Deloitte Leads the Way in ESG & Sustainability Services, Verdantix Report Finds
ESG News
February 13, 2024
The English Football Premier League Takes Big Step in Sustainability with New Commitment
ESG News
February 12, 2024
Schneider Electric Achieves Top Sustainability Scores, Breaks 600M Tonnes CO2 Emissions Barrier in Q2 2024
ESG News
August 1, 2024
India’s Global Capability Centres Surge to Over 1,600, Poised for 1,900 by 2025 with $60B Market Growth: PWC
ESG News
August 1, 2024
Goldman Sachs Injects $120M into osapiens for ESG Compliance Growth
ESG News
July 31, 2024
BCT Digital Survey Reveals Over 72% Financial Institutions to Invest Heavily in ESG Technology Amid Record ESG and Anti-ESG Proposals in 2024
ESG News
July 29, 2024
IFC Partners with Ayala Land for $250 Million Sustainability-Linked Financing to Boost Green Buildings in the Philippines
ESG News
July 22, 2024
Cemex Joins Ellen MacArthur Foundation to Boost Circular Economy in Construction
ESG News
July 19, 2024
CIB’s $100 Million Loan to GDI Will Cut GHG Emissions by 37% in Aging Buildings
ESG News
July 9, 2024
Peab Issues $141 Million in Green Bonds to Fund Green Buildings, Clean Transportation, and Pollution Management
ESG News
June 18, 2024
IASB Proposes Illustrative Examples to Enhance Reporting of Climate and Other Uncertainties in Financial Statements
ESG News
August 1, 2024
GRI and TNFD Launch Mapping Tool for Enhanced Biodiversity Reporting
ESG News
July 31, 2024
Longevity Partners Launches Innovative Decarbonisation Dashboard to Revolutionize Real Estate Sustainability
ESG News
July 30, 2024
BNP Paribas Launches Free AI-Driven Carbon Footprint Tool for Micro-Businesses and Offers Preferential Rates for SMEs and Corporations
ESG News
July 30, 2024
SBTi Advances Corporate Net-Zero Standard with Focus on Scope 3 Emissions
ESG News
July 31, 2024
Tim Mohin: ISSB Adoption In Full Swing
Tim Mohin
May 31, 2024
ERM and Workiva Form Partnership to Enhance Climate and Sustainability Reporting for Clients
ESG News
May 16, 2024
BSI Revamps Event Sustainability Guidance: Focus on Climate, Supply Chain, and Social Impact
ESG News
April 10, 2024
2024 Equality Index Report Reveals 45% of Companies Now Publish Disability Data: Disability:IN
ESG News
July 17, 2024
Freddie Mac’s New ESG Strategy: Advancing Sustainable Housing
ESG News
July 5, 2024
H&M’s Move Together and Laureus Sport for Good Expand Partnership to France for Youth Inclusion and Gender Equity Through Sport
ESG News
June 20, 2024
Multilateral Coalition of Public and Private Sector Investors Pledges $20 Billion for Women’s Economic Empowerment Under 2X Challenge
ESG News
June 17, 2024
ESG Investing
Sustainable Finance ESG Funds Digital AssetsESG LifestyleESG Events
Upcoming Event ListInternational
ESG Europe ESG Asia ESG India ESG Russia ESG Middle East ESG Japan ESG Canada ESG Latin America ESG United KingdomVideos
Force For Good Greenwich Economic Forum UN Global Compact Leaders Summit 2022 Blockchain for Europe UNCTAD Sustainable Stock Exchange Initiative Humanity 2.0 World Economic Forum Caspian Week Converge2Xcelerate International WELL Building Institute EarthX
Get Breaking ESG News Alerts
Daily Newsletter
Join Now
videocam
Latest News
Seven simple questions
Help us improve your experience, delivering more of what you want
ESG Survey
Seven simple questions – Help us improve your experience, delivering more of what you want!
Iberdrola, HSBC, ICO and Sabadell Sign €500 Million Green Loan for Renewable Projects in US, Australia, and Italy
Climate Tech
/
Investing
/
News
/
Sustainable Finance
/
Iberdrola, HSBC, ICO and Sabadell Sign €500 Million Green Loan for Renewable Projects in US, Australia, and Italy
by ESG News
•
August 2, 2024
Share:
Share on Facebook
Share on Twitter
Share on LinkedIn
Listen to this story:
€500M Green Loan: Iberdrola, ICO, Sabadell, and HSBC sign a €500M syndicated green loan to fund renewable projects in the US, Australia, and Italy.
Cesce Coverage: The loan is covered by Cesce under Spain’s Green Investment Policy, ensuring political and commercial risk mitigation.
Renewable Capacity: The projects will add 897 MW of renewable capacity, operational between 2025 and 2026.
Iberdrola has secured a €500 million syndicated green loan with ICO, Sabadell, and HSBC, covered by Cesce through its Green Investment Policy on behalf of the State. The loan, guaranteed by the Internationalisation Risk Reserve Fund, aims to diversify Iberdrola’s financing sources and has a 15-year maturity.
“This is the first loan aimed at promoting renewable energy projects that the ICO will finance with Next Generation funds in the second phase of the Recovery Plan,” said an ICO representative.
The funds will finance wind and photovoltaic projects, as well as battery projects in the United States, Australia, and Italy, totaling 897 MW of renewable capacity, expected to be operational between 2025 and 2026.
Iberdrola’s collaboration with Export Credit Agencies (ECAs) totals €2,500 million in loans, showcasing international banking confidence in the company. Last month, Iberdrola diversified its financing with a CHF 335 million green bond placement. In March, it signed a €700 million green loan with the European Investment Bank for grid expansion in Spain, and in January, extended its alliance with the World Bank with a €300 million green loan for renewable projects in emerging countries.
Cesce, as Spain’s Export Credit Agency, manages credit and investment insurance for the State, covering political, commercial, and extraordinary risks. Its Green Investment Policy supports projects meeting EU Taxonomy or OECD Consensus requirements.
Related Article: HSBC Launches Climate-Focused Infrastructure Finance Unit
In December, Iberdrola secured its largest credit line of €5.3 billion with 33 international banks, reflecting strong banking commitment and competitive pricing.
Iberdrola remains a global leader in sustainable financing, with over €22 billion in green bonds and a pioneering role in green loans for energy companies. This financial strategy supports its €41 billion investment plan for 2024-2026, driving economic electrification through robust investments in electricity grids and renewables.
Share:
Share on Facebook
Share on Twitter
Share on LinkedIn
Topics
ESG
ESG News
HSBC
Iberdrola
ICO
Renewable Energy
Related Articles
Australia Fines Mercer Superannuation $7.4 Million in Landmark Greenwashing Case
ESG News •
August 2, 2024
Accenture Buys BOSLAN to Help Clients Optimize Investments in Net-Zero Infrastructure
ESG News •
August 2, 2024
Goldman Sachs Invests $440 Million in BrightNight to Advance 31-Gigawatt Renewable Energy Portfolio
ESG News •
August 2, 2024
Masdar, TotalEnergies Partner to Develop Commercial Green Hydrogen to SAF Project in Abu Dhabi
ESG News •
August 2, 2024
Sep
22
September 22 – September 29
Climate Week NYC 2024
Sep
27
September 27 @ 10:00 am – October 1 @ 1:30 pm EDT
Certified Sustainability ESG Practitioner Program, Leadership Edition 2024, with Live Zoom Sessions
Nov
11
November 11 – November 12
Fortune Global Forum 2024
View Calendar
Today’s Top ESG Stories
Iberdrola, HSBC, ICO and Sabadell Sign €500 Million Green Loan for Renewable Projects in US, Australia, and Italy August 2, 2024
Accenture Buys BOSLAN to Help Clients Optimize Investments in Net-Zero Infrastructure August 2, 2024
BBVA Invests Record €26 Billion in Sustainable Business in Q2 2024, Surpassing Targets August 2, 2024
Microsoft Purchases 80,000 Metric Tons of Carbon Removals to Support Blue Creek Conservation and Climate Goals August 2, 2024
UK Boosts Renewable Energy Budget to £1.5 Billion for Record-Breaking Auction, with Major Focus on Offshore Wind August 1, 2024
ESG News Quote of the Day
You have a responsibility to make inclusion a daily thought, so we can get rid of the word ‘inclusion’.
Theodore Melfi, American filmmaker
Tweet
ESG News Daily Newsletter
First Name
Last Name
Email address:
Leave this field empty if you’re human:
Related Stories
Australia Fines Mercer Superannuation $7.4 Million in Landmark Greenwashing Case
Accenture Buys BOSLAN to Help Clients Optimize Investments in Net-Zero Infrastructure
Goldman Sachs Invests $440 Million in BrightNight to Advance 31-Gigawatt Renewable Energy Portfolio
Masdar, TotalEnergies Partner to Develop Commercial Green Hydrogen to SAF Project in Abu Dhabi
About ESG News About Us
Become a Contributor
Newsletter
Contact Us
Services Advertise With Us
Sponsorships
Events
News Agency
Terms & Privacy Terms & Conditions
Privacy Policy
Cookies
Copyright
Follow Us
YouTube
©2021 ESG News Corp. All rights reserved.
Add ESG News to your home screen?
Add this web page on your home screen for quick and easy access when you’re on the go.
Just tapthen “Add to home screen”
×