Before revision: 3 years July 2018 Pennon £100m 130 UK Term loan - The loan requires the Pennon Group to meet ESG/Sustainability objectives and key performance indicators based on an ESG Index issued by independent ratings organisation, Sustainalytics Pennon Group receives a reduced margin on the loan if targets are achieved 5 years In September 2018, five banks, including BBVA, structured a revolving credit facility (RCF) for the Italian power utility A2A in a finance deal valued at 400 million euros.
After revision: yearsSeptember 2019EnergaPLN2bn500PolandLoan -Sustainability indicator will be independently verified by the agency Vigeo Eiris.If the ESG rating goes up, the interest rate goes down - and vice versa.53 years July 2018 Pennon £100m 130 UK Term loan - The loan requires the Pennon Group to meet ESG/Sustainability objectives and key performance indicators based on an ESG Index issued by independent ratings organisation, Sustainalytics Pennon Group receives a reduced margin on the loan if targets are achieved 5 years In September 2018, five banks, including BBVA, structured a revolving credit facility (RCF) for the Italian power utility A2A in a finance deal valued at 400 million euros.