This financing will help develop new products and procedures to better support WSMEs, who often face challenges in accessing commercial finance due to factors like lack of collateral and low financial literacy.
The financing is the first green loan granted to a Spanish energy company by EKSFIN.
Based in Madrid and Bilbao, BBVA is one of the largest financial institutions in the world.
Hogan Lovells and WFW advised on two separate Korea Trade Insurance Corporation backed green financings for Hapag-Lloyd AG with a combined value of US$1bn+.
In this article we evaluate the benefits and key features of the Sustainability Linked Loan Principles.