WFW advises Citi on €500m ECA-backed green loan for Iberdrola
The financing is the first green loan granted to a Spanish energy company by EKSFIN.
Through our global network we deliver efficient, commercially balanced advice to export credit agencies (ECAs) themselves and to lenders on ECA-backed transactions. We regularly work as special advisers to ECAs on large, complex or innovative financings of assets and projects in our key sectors of Energy and Transport.
We understand the needs of all parties involved in ECA-related transactions, including financiers, borrowers, lessors, developers and other investors. With offices in key jurisdictions around the world, we have global reach and extensive cross-border expertise.
Across our core sectors of Energy and Transport, we have worked with all ECAs active in these industries and are one of only four law firms appointed to the European ECA panel for Airbus aircraft financings.
The financing is the first green loan granted to a Spanish energy company by EKSFIN.
The loan facility comprises a K-Sure insured tranche and a commercial tranche relating to each of the two vessels.
Philip’s practice focusses on emerging market and development finance lending, including blended finance and ESG.
More about us