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

Mizuho, UNDP Partner to Advance Impact Initiatives in Asia

Mizuho, UNDP Partner to Advance Impact Initiatives in Asia

Standard Chartered's Innovative Sustainable Financing Option

Standard Chartered's Innovative Sustainable Financing Option

CDPQ, Nuveen Team Up for Sustainable Financing in Real Estate

Asian Countries Vary in Classifying Sustainable Finance

Octopus Energy Pumps In £2B For Green Projects in UK

Verra and Citi Sign MOU to Advance Climate Market Solutions

Prudential Launches Climate Transition Financing Framework

Path to Net-Zero Emissions in Air Transport by 2050

Temasek Allocates S$100M for Climate Action Initiatives

ESG Krediet Supporting Green Financing in The Netherlands