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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

Re-Writing the Constitution to Suit the Surge in American Racism

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Speaking strictly for myself, I don’t have a problem with the Constitution as our Founding Fathers wrote it.

Re-Writing the Constitution to Suit the Surge in American Racism

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Renewable Energy

Who Wants Massive Change to Our Voting Procedures? Answer: a Few Crackpots

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The vast majority of Americans are fine with the systems each of our 50 states have put into place, per the U.S. Constitution.  There is an infinitesimal amount of voter fraud.

Who Wants Massive Change to Our Voting Procedures? Answer: a Few Crackpots

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Did Nothing Happen to Those who Refused the COVID Vaccination?

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It depends on what you mean by “happened.”

They were somewhere between 14 and 53 times more likely to die of the disease. I wouldn’t call drowning in one’s own puss and blood “nothing.”

Side Note: Being an anti-vaxxer is not a good look.  I don’t know a single guy who would come within 50 yards of this crackpot.

Did Nothing Happen to Those who Refused the COVID Vaccination?

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