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Iberdrola, ICO, Sabadell and HSBC have signed a syndicated green loan for €500 million, covered by Cesce through its Green Investment Policy on behalf of Spain.

The loan, which has a 15-year maturity, is guaranteed by the Internationalization Risk Reserve Fund, attached to the Ministry of Economy, Trade and Enterprise. It is the first aimed at promoting renewable energy projects that the ICO will finance with Next Generation funds in the second phase of the Recovery Plan. 

Funds from the operation, as part of the ICO-Verde program, will be used to finance renewable and battery projects in the United States, Australia and Italy. The total renewable capacity financed is slated to reach 897 MW, with the project expected to be operational by 2026.

Cesce, in its role as the Spanish Export Credit Agency, exclusively manages credit and investment insurance on behalf of the State. Its Green Investment Policy covers the risks of credits granted to Spanish companies or their foreign subsidiaries for the financing of projects abroad that are considered green.

The post Iberdrola Consortium Signs €500M Syndicated Green Loan with Cesce appeared first on Solar Industry.

Iberdrola Consortium Signs €500M Syndicated Green Loan with Cesce

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Renewable Energy

Send a Bible to a Starving Child

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Here’s where you can donate to send a copy of the bible to the poorest of the poor African children.

Let the word of God explain to these children why they are dying of sickness and starvation. Certainly, their parents will be interested to learn this as well.

Send a Bible to a Starving Child

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Renewable Energy

The Nazi Playbook

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Always blame your opposition for the crimes you committed.

We baby boomers remember when the two dominant political parties were essentially indistinguishable.  Eisenhower, a Republican, stood for strong Social Security, limited military, unemployment insurance, and a strong minimum wage.

What does today’s GOP champion?  Cutting off all assistance for the poor, tax cuts of billionaires, slashing into Social Security (the money you and I earned) and starting a senseless and illegal war.

Who are the radicals here?

The Nazi Playbook

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Renewable Energy

What It Means to be a Leftist

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I just came across Sofo Archon, an incredibly interesting speaker and writer.

My only response to what he says at left is that you are, in fact, a leftist, whether you accept that or not.  Anyone who says that he belongs to “Humanity and Earth” is a leftist by definition, just like anyone who wears the t-shirt below.

This is kind of like saying, “I am neither a Christian nor an atheist, but I believe in God and I accept His son Jesus Christ as my savior.”  Sorry, that makes you a Christian.

What It Means to be a Leftist

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