IFC's Sustainability-Linked Loan Boosts Iberdrola's Renewable Energy Expansion in Emerging Markets
January 09, 2024
January 09, 2024
MADRID, Spain, Jan. 9 -- The International Finance Corp., a member of the World Bank Group, issued the following news release on Jan. 8, 2024:
The International Finance Corporation (IFC) announced today a green and sustainability-linked loan (SLL) of Euros300 million (equivalent to $329 million) to Iberdrola. IFC's loan will finance renewable energy projects in emerging markets, including a number of countries that currently rely heavily on coal, such as Morocco, Poland, and Vi . . .
The International Finance Corporation (IFC) announced today a green and sustainability-linked loan (SLL) of Euros300 million (equivalent to $329 million) to Iberdrola. IFC's loan will finance renewable energy projects in emerging markets, including a number of countries that currently rely heavily on coal, such as Morocco, Poland, and Vi . . .