Terna Secures €250 Million ESG-Linked Credit Facility

Published on:
KnowESG_Terna Secures €250 Million ESG-Linked Credit Facility
Image by Vecteezy

Terna S.p.A. (Terna) has signed a €250 million revolving credit facility linked to environmental, social, and governance (ESG) performance.

The 5-year credit line features a bonus-penalty mechanism tied to Terna's progress on specific ESG indicators, impacting the loan's interest rate margin.

This agreement with Intesa Sanpaolo S.p.A. provides Terna with flexible liquidity aligned with its financial health.

It also underscores the Group's dedication to integrating sustainability as a strategic driver for creating value for all stakeholders.

For more sustainable finance news

Discover an extensive network of ESG providers here

Source: Terna

Share:
esg
esg
esg
esg

Sustainable Finance Headlines

ESG Startups Captured 41.5% of Early-Stage VC in Australia in 2024

ESG Startups Captured 41.5% of Early-Stage VC in Australia in 2024

World's Largest Salmon Producer Inks €2.6bn Green Loan Deal

World's Largest Salmon Producer Inks €2.6bn Green Loan Deal

Sweco Turns to Sustainability-Linked Financing in €400M Deal

Blue Bonds: Catalysing Investment in Marine Conservation

Unlocking ESG Capital: CGIF Powers Sustainable Bonds in ASEAN+3

Climate Risks 'Deprioritised' Under Bailey, Say Former BoE Staff

DOE Cancels $3.7B in Carbon Capture, Decarbonisation Projects

Barclays’ Climate Arm to Invest £500m in Climate Tech by 2027

Sustainable Funds Shrink Globally, But Canada Holds Steady

Snam Breaks Ground with Sustainability-Linked Bond Tied to Full Emissions Scope