Green Bond Fact Sheet
Summary
This fact sheet details a EUR 335 million green loan issued by Endesa, S.A. on December 21, 2019, to finance wind and solar energy projects in Spain.
Key insights
- Endesa, S.A. issued a green loan totaling EUR 335 million (approximately USD 382 million) on December 21, 2019, with the European Investment Bank (EIB) acting as the sole lender.
- The loan proceeds are designated for the development of 15 wind farms with a total capacity of 446MW and three solar photovoltaic plants with a capacity of 339MW.
- The projects funded by the loan result from auctions for new renewable electricity generation facilities held in Spain in May and July 2017, which are expected to require over EUR 800 million in investment by 2020.
- This transaction is identified as the first time the European Investment Bank has described a loan as a 'Green Loan', despite its history of financing climate change projects.
- The Climate Bonds Initiative views Endesa's green loan as part of a broader trend of Iberian electricity companies shifting toward green financing, citing previous green bond activity by Iberdrola, EDP, and Gas Natural Fenosa.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-12%20SP%20Endesa.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2018-12%20SP%20Endesa.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=21 December 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2018-12%20SP%20Endesa.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2018-12%20SP%20Endesa.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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