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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

China Barred Vestas Software, Ørsted Buys Chinese Monopiles

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Weather Guard Lightning Tech

China Barred Vestas Software, Ørsted Buys Chinese Monopiles

Vestas CEO Henrik Andersen says China barred Vestas from monitoring its own turbines. Plus Ørsted takes heat for Chinese monopiles, India’s blade design gap, and tents that beat weather delays.

The Uptime Wind Energy Podcast is brought to you by Weather Guard Lightning Tech, creators of the StrikeTape Ultra LPS retrofit. Subscribe to Uptime’s Substack newsletter. And check out Rosemary’s “Engineering with Rosie” Youtube channel. Have a question we can answer on the show? Email us!

China Barred Vestas Software, Ørsted Buys Chinese Monopiles

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Renewable Energy

America’s Top Military Are Disgusted by Trump

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Virtually all top-ranking retired military brass view Trump as shown at left.  On top of that, Hegseth has publicly fired all current generals and admirals who are not loyal to Trump, as the entire world watched the purge.

Doesn’t this affect the way the psychopath’s command of our nation is ultimately determined?

America’s Top Military Are Disgusted by Trump

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Renewable Energy

Getting Rid of Trump

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Keep in mind that “removing Trump from office” and “stop talking about Trump” are two different events.

It’s quite possible that a Democrat-controlled congress could remove him from power within the coming months.  But think about the damage he’s done to our nation and the path to repair it.  Think about the war, the trade deals, the economic policies, our relationships with our allies, the racism, our erstwhile position as leader in world democracy, and the degradation in public health, education, and environmental responsibility.

We’ll be talking about Trump as long as an organized human civilization is functioning on this planet.

Getting Rid of Trump

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