Endesa Secures $545 Million to Develop 4.8 GW of Renewable Projects in Spain

The financing will support 3.85 GW of solar and 950 MW of wind project development in Spain

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Endesa, a Spain-based electric utility company, has signed sustainability-linked financing agreements worth €500 million (~$545.7 million) with Instituto de Crédito Oficial (ICO), a state-owned bank in Spain and the European Investment Bank (EIB) to finance the development of its 4.8 GW of renewable energy portfolio in the country.

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