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Acciona closes first sustainable financing deal with China’s export credit agency for €206 million
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The Corner
Alphavalue/Divacons | The Spanish alternative energy company has closed a €206 million deal, marking the first sustainable financing based on purchases from suppliers (shopping line) covered by Sinosure (China Export & Credit Insurance Corporation), China’s export credit agency.
According to a statement issued by the company, the transaction was underwritten by BBVA (Buy, Target Price €6.24/share), which led the process as lead arranger and coordinator for Sinosure through its Hong Kong branch.
Acciona: Reduce, Target Price €186/share.