Bankia and Acciona sign a 'green' loan of 100 million euros

Bankia has signed a 'green' bilateral loan with Acciona for an amount of 165 million Australian dollars (100 million euros) for a period of 30 months for the development of a wind project in Australia. The financing operation will be used to commission the 157.5 megawatt (MW) Mortlake South wind farm, located in the Moyne Shire, in South West Victoria (Australia). The project involves the installation of 35 wind turbines of 4.5 MW each. This wind farm will provide clean energy to 115,000 homes and will avoid the emission of around 532,000 tons of CO2.



This operation is part of Bankia's commitment to financing business projects that generate renewable energy and is included within its Responsible Management Plan, in line with the entity's Strategic Plan and the Sustainable Development Goals (SDG). Acciona, for its part, manages sustainable infrastructure solutions, especially renewable energy. In this area, the company is a world leader with 10,240MW Whatsapp Number List owned, distributed in 16 countries. It has 226 wind farms, 76 hydroelectric plants, 10 large photovoltaic plants, three biomass plants and a solar thermal plant. Sustainable financing Among the areas of action of Bankia's Responsible Management Plan, projected for the years 2019 and 2020, is sustainable financing, with the aim of promoting the mobilization of capital under an action framework aimed at environmental and social development.







Furthermore, within the framework of said Plan, Bankia has a strategy to develop products and services that generate a positive environmental or social impact. Added to all this is direct environmental management, with a roadmap towards a low-carbon economy and the support of energy efficiency projects and initiatives. During the 2019 financial year, Bankia signed 'green' financing operations for an amount of more than 900 million euros and contributed to mobilizing a total of 9,000 million euros of financial resources with a sustainable purpose, including corporate loans, project financing, issuances of bonuses and promoter credit.