Tag Archives: Banco Mundial

The World Bank grants a green loan of 300 million to Iberdrola for renewable projects in emerging countries

Iberdrola receives new recognition from the World Bank, through its private sector investment arm – International Finance Corporation (IFC) –. The institution and the electricity company have signed a loan, linked to ESG criteria (environmental, social and corporate governance), of 300 million euros for renewable projects in countries that depend on fossil fuels, such as … Continue reading The World Bank grants a green loan of 300 million to Iberdrola for renewable projects in emerging countries

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Iberdrola Brazil signs a €100 million green loan with the World Bank

Neonergia, the Brazilian subsidiary of the electricity company chaired by Ignacio Galán, obtains 550 million Brazilian reais for a term of eight years with a price linked to ESG objectives. The funding differential will be reduced if the company increases the number of female electricians and cuts the percentage of carbon emissions  Iberdrola, through its … Continue reading Iberdrola Brazil signs a €100 million green loan with the World Bank

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