Terna Secures €250 Million ESG-Linked Credit Facility
Published on: May 31, 2024
by KnowESG,
Terna Rete Elettrica Nazionale SpA
Terna S.p.A. (Terna) has signed a €250 million revolving credit facility linked to environmental, social, and governance (ESG) performance.
The 5-year credit line features a bonus-penalty mechanism tied to Terna's progress on specific ESG indicators, impacting the loan's interest rate margin.
This agreement with Intesa Sanpaolo S.p.A. provides Terna with flexible liquidity aligned with its financial health.
It also underscores the Group's dedication to integrating sustainability as a strategic driver for creating value for all stakeholders.
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Source: Terna
