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IFC Grants Sustainability-Linked Loan To ENGIE Energía Perú To Support Renewable Energy Growth & Emission Reduction Goals
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ENGIE Lands $600M from World Bank Group and Investors to Boost Peru’s Renewable Energy
The International Finance Corporation (IFC), part of the World Bank Group, approved up to $600 million in funding to support ENGIE Energía Perú’s push into non-conventional renewable energy. Of that, $250 million is from the IFC itself, and an additional $350 million comes from other mobilized investors. The financing structure is a Sustainability-Linked Loan (SLL), which links financial terms to performance goals. Let’s uncover where the funds …
IFC Grants Sustainability-Linked Loan To ENGIE Energía Perú To Support Renewable Energy Growth & Emission Reduction Goals
The International Finance Corporation, a member of the World Bank Group, has approved a corporate loan of up to US$600 million for ENGIE Energía Perú, one of Peru’s largest power […] The post IFC Grants Sustainability-Linked Loan To ENGIE Energía Perú To Support Renewable Energy Growth & Emission Reduction Goals appeared first on SolarQuarter.
SNI: new holidays have generated a cumulative loss of S/ 6 billion to the national economyMore than S/ 400 million could lose the state for paralysed works of the ANIN, especially protection against El Niño, alert unionsEngie Energía Peru signed, on July 29, a framework contract with IFC (International Finance Corporation), member of the World Bank Group, to access a corporate loan of up to US$600 million for various renewable projects.This loan…
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