Posted by:
Statkraft signs sustainability-linked revolving credit facility
Official Press Release Statkraft:
Statkraft signs EUR 1.3 billion sustainability-linked revolving credit facility
Statkraft has signed a EUR 1.3 billion 5-year sustainability-linked syndicated revolving credit facility with two 1-year extension options. The facility replaces Statkraft’s existing syndicated revolving credit facility of NOK 9.2 billion which was signed in June 2016.
Statkraft has a clear commitment to sustainability, and through its activities aims to create value for society, the environment and the company. The facility’s interest margin will be adjusted (premium or discount) based on Statkraft’s performance on three pre-defined strategic sustainability targets on an annual basis. The targets relate to the company’s development of renewable capacity of hydro, wind and solar power, the company’s commitment to Health, Safety, Security and... ... More: Official Press Release Statkraft
- Keywords:
- Statkraft, developer, credit, sustainability linked, revolving credit facility, value, performance, environment, target, renewable energy, capacity, agreement