Czech Republic’s CTP, Europe’s developer of industrial and logistics properties, signed a €1.3 billion (~$13.75 billion) sustainability-linked Revolving Credit Facility (RCF), replacing its previous €550 million (~$5.81 billion) facility. The undrawn RCF was established as a back-up for liquidity and included sustainability KPIs such as solar PV roll-out, Green Leases, and “A” grade EPC certifications. The RCF syndicate consisted of 15 banks, with Citi and ING acting as Coordinators and Citi, ING, and SMBC serving as Sustainability Coordinators.
CTP secures €1.3B sustainability-linked RCF for solar and Green Leases
CTP’s RCF includes KPIs for solar PV roll-out, Green Leases, and “A” grade EPC certifications. (Image Source: AI Generated)
AfDB funded two 15 MW solar plants in Chad to generate 61 GWh annually and cut emissions by 49,000 tons per year. (Image Credit/Source: LCEC/Pixabay)
Algeria and GE Vernova discussed 15 GW renewable energy projects, including solar, as Sonelgaz led talks in Atlanta. (Image Source:Zawya)
LRE powered up Morrow Lake Solar, supplying 200 MW to Microsoft with innovative solar tech and eco-friendly land use. (Image Credit/Source: StockSnap/Pixabay)
re:cap green energy acquired 51.7 MW solar projects from Milvio Energy, with completion expected between Q1 and Q4 of 2025. (Image Credit/Source: TheOtherKev/Pexels)