Green Governance
All insightsTomas Pedraza discusses one of the largest ever refinancings in the renewable sector with Teresa Costa, Debt Origination Manager at Finerge
In late 2022, Finerge, Igneo's Iberian renewable energy business, completed one of the largest ever refinancings in the renewable sector, a €2.3bn transaction which was certified as a green loan.
In this ESG-focused episode, Tomas Pedraza, Managing Director at Igneo, discusses why this transaction formed part of good governance for the company with Teresa Costa, Debt Origination Manager at Finerge in the latest episode of Keeping it Real Assets.
Company information
company
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Finerge
Finerge is Portugal’s second-largest renewable energy producer and for over 20 years has worked to provide access to more sustainable energy sources to the world. Finerge operates 69 Wind Farms and 17 PV solar plants located in more than 46 municipalities across Portugal and 3 provinces in Spain. Day and night, more than 770 turbines harness the energy of the wind, and thousands of photovoltaic modules that collect energy from the sun, transforming it into clean electricity at a rate of 3.200Gwh. All this means that more than 1,661 k tons of CO2 emissions are avoided.
- Location: Europe
- Sector: Renewable energy
- Risk Classification: contracted
- Initial Acquisition date: Nov 2015
- Governance: sole
- Website: www.finerge.pt/en/
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