We advised ICO, Sabadell and HSBC on a €500m ECA-backed green loan guaranteed by Spanish ECA Cesce and granted to Iberdrola to finance the construction and development of renewables projects in the US, Australia, and Italy.
Join Watson Farley & Williams for our Maritime Morning on 13 June 2023 in Hamburg.
In the Global Ports Report 2023, Partners Florian Kutzbach, Sarah Ellington and Christina Howard discuss how those seeking financing for any such investment need to take into account the ever-intensifying focus on the ESG credentials of the wider shipping industry, and in particular the push for decarbonisation.
Pressure is mounting on ways for the shipping industry to tackle the decarbonisation challenge, but will the maritime sector keep pace with other industries in terms of decarbonisation?
The investment will help to build a nationwide network of refuelling stations that will allow heavy goods vehicles (HGVs) to run on carbon neutral fuel.
In this article we evaluate the benefits and key features of the Sustainability Linked Loan Principles.