Energa Zl2 billion financing

25/10/2019
Financing

Zl 2 billion

$ 519.921 million

Completed

25/10/2019


Overview:

  • Polish electricity distribution company Energa has agreed a Zl2 billion revolving credit facility from a syndicate of banks.
  • This is the first time in Poland that the financing terms are closely linked to the borrower's performance against environmental, social and governance criteria. 
  • Under the agreement, Energa cannot use the loans for purposes related to coal-fired power generation.
  • The ESG-linked loan is due in 2024 with an option to extend it to 2026. 

Rajeeb Gurung - Researcher

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