July 20, 2017 |
Terna said it has received $81m in financing to build a transmission line in Uruguay.
The Italian energy company got a 17-year $56m through the IDB at 235bp over Libor, alongside a 15-year $25m loan from the Spanish bank BBVA at 210bp over Libor.
The IDB contributed $23m to the long-term financing, while the China Co-Financing Fund for Latin America and the Caribbean provided $18m and the IIC added $15m.
The French research firm Vigeo Eiris classified the facility as the first green loan with a
Italian energy company signs $81m in long-term financing from the IDB and BBVA