Enel puts more pressure on 2021 KPI with new €1.35bn facility

By Mike Turner
31 Mar 2021

Enel has signed a €1.35bn sustainability-linked loan guarantee facility, the latest in a series of debts it has tied to its ability to increase renewable energy capacity.

The facility, signed with BBVA, has one key performance indicator: the renewable share of Enel’s electricity production capacity. The idea is that guarantees issued under the facility for Enel and its subsidiaries will be for sustainability-related initiatives.

“The operation doesn’t see a maturity”, an Enel spokesperson said, meaning the ...

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