Within the framework of its 2016-2020 Global Eco-efficiency Plan, BBVA signed an agreement in Argentina to purchase wind energy, a technology that provides clean energy from wind turbines that transform wind energy into electricity. The company has signed a five-year extension contract with Central Puerto, for the purchase of renewable energy from the Vientos la … Continue reading BBVA invests in wind energy
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BBVA closes a landmark energy transaction with CIP for the construction of onshore wind farms in Aragon
BBVA has closed with Copenhagen Infrastructure Partners (CIP), one of the leading global investors in renewable energy, a green loan, long-term project financing credit facility for the investment in the Monegros portfolio of 12 onshore wind farms in Aragon, Spain. BBVA has had all significant roles, including sole bookrunner, structuring bank and green loan coordinator … Continue reading BBVA closes a landmark energy transaction with CIP for the construction of onshore wind farms in Aragon
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Garanti BBVA to power its corporate buildings and branches with wind energy
BBVA’s Turkish franchise announced its decision to turn to renewables to power its corporate buildings, subsidiaries and branches. Garanti BBVA has signed the 100 percent Renewable Energy Agreement, according to which, in 2020, it will source the 90 million kWh it requires to power a total of 813 branches and 45 corporate buildings from renewable sources. … Continue reading Garanti BBVA to power its corporate buildings and branches with wind energy
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BBVA and Nordex sign three wind energy factoring operations
BBVA has certified as green three non-recourse factoring operations from the wind turbine manufacturer Nordex. Closed in 2019 for approximately €265 million, the operations will deduct invoices from wind turbine supplies that the Germany company will provide the builder of various wind farms. Through factoring, a short-term working capital financing option that involves the early … Continue reading BBVA and Nordex sign three wind energy factoring operations
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Garanti BBVA Securities facilitates major deal in Turkish wind energy market
Garanti BBVA Securities assumed the sole financial advisory services role in the largest power plant sale in 2019 in Turkey. The recently announced deal consisted of the sale of Zorlu Rüzgar, Turkey’s leading engineering, procurement, construction (EPC) firm, to renewable energy company, Akfen Yenilenebili. The share purchase agreement for the shares of Zorlu Rüzgar was … Continue reading Garanti BBVA Securities facilitates major deal in Turkish wind energy market
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Wind energy in Turkey: BBVA finances wind farm to Polat Energy
Garanti BBVA recently signed the world’s first gender loan with Turkish company Polat Energy. The $44 million loan will finance the construction of Turkey’s largest wind farm. The company’s performance will be annually assessed based on a series of gender criteria, and improvements in their performance will also enhance the terms of the loan. For … Continue reading Wind energy in Turkey: BBVA finances wind farm to Polat Energy
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Wind farm backed by BBVA and Endesa begins
Through its renewable energy subsidiary, Enel Green Power España (EGPE), Endesa has begun construction of ‘Primoral’ wind farm, which will supply power to BBVA from the end of 2019. The plant, located in Villamayor de Gállego (Zaragoza), will be a 35 MW power plant capable of generating 108 GWh a year once it comes into … Continue reading Wind farm backed by BBVA and Endesa begins
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Iberdrola to supply renewable energy to entire network of BBVA offices and buildings in Spain
IBERDROLA to supply electricity to total of 3,091 offices and 71 buildings belonging to financial institution IBERDROLA is to meet all BBVA’s electricity needs in Spain in the years 2015 and 2016, amounting to 240 GWh per year By signing this contract, BBVA will be avoiding some 180,000 tonnes of CO2 emissions each year, a … Continue reading Iberdrola to supply renewable energy to entire network of BBVA offices and buildings in Spain
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Chile: SunEdison closes $130 million for 69.5 MW Javiera photovoltaic solar energy plant
SunEdison, Inc. (NYSE:SUNE), a leading global solar technology manufacturer and provider of solar energy services, announced today the closing of a $130 million USD non-recourse debt financing arrangement with CorpBanca and BBVA. The debt proceeds will be used to fund construction of a 69.5 megawatt (MW) solar power plant located in Chile. The solar power … Continue reading Chile: SunEdison closes $130 million for 69.5 MW Javiera photovoltaic solar energy plant
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Enel Green Power signs loan agreement with BBVA in Mexico and Chile
Enel Green Power, through its subsidiary Enel Green Power Mexico, S. de R.L. de C.V., has concluded an agreement with Banco Bilbao Vizcaya Argentaria Bancomer (Mexico) for a 150 million US dollar loan to be used to partially cover its investment plan in Mexico. The 5-year loan, disbursed in 2013, has an interest rate in … Continue reading Enel Green Power signs loan agreement with BBVA in Mexico and Chile
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Enel Green Power signs loan agreement with BBVA in Mexico
Through its subsidiary Inelec, Enel Green Power, has concluded an agreement with Banco Bilbao Vizcaya Argentaria Bancomer (BBVA) for a 100 million US dollar loan aimed at partially covering its planned investments in the Mexican state of Oaxaca. The 5-year loan will be disbursed by 2013 at an interest rate in line with the market … Continue reading Enel Green Power signs loan agreement with BBVA in Mexico
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Enel Green Power signs loan agreement with Bbva in Chile
Enel Green Power S.p.A. (“Enel Green Power”), through its subsidiary Enel Latin America (Cile) Ltda, has concluded an agreement with Banco Bilbao Vizcaya Argentaria Cile (BBVA) for a 100 million US dollar loan to be used to partially cover its planned investments over the next few years in Chile. The 5-year loan will be disbursed … Continue reading Enel Green Power signs loan agreement with Bbva in Chile
Continue readingWestar Energy Selects Elster for Smart Grid Deployment
Elster announced today that Westar Energy, Inc. (NYSE: WR), the largest utility in Kansas, has selected Elster for its 48,000 meter SmartStar deployment.
Continue readingGamesa sells German wind power plants to IKEA Group (45 MW)
The wind power assets are in Lower Saxony (Oberende), Hesse (Diemelsee I and II) and Rhineland-Palatinate (Winterspelt I wind farm and II and Zettingen), in northwest and southwest Germany, respectively.
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