Iberdrola Signs €5.3 Billion Credit Line with Rates Tied to Climate, Diversity Goals
ESG Today
DECEMBER 21, 2023
The new financing follows the company’s announcement in 2021 of plans for its financing structure to have an increasingly higher percentage of green and sustainable products, estimated to account for nearly two-thirds of its debt by 2025. Iberdrola said that it expects to update its investment plan in March 2024.
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