Zelestra Expands Sustainability-Linked Loan to €770 Million, Backed by 11 Global Banks
Zelestra’s sustainability-linked loan grows to €770 million, backed by 11 global lenders. Facility extended by one year to 2029 with improved terms and conditions. Funding to accelerate renewable energy expansion in six key global markets. Zelestra, a global multi-technology renewable energy company, has secured an additional €235 million to expand its sustainability-linked loan facility, bringing […]
EU Sets 2040 Climate Target with 90% Emissions Reduction
New 2040 Climate Target: EU proposes a 90% reduction in net GHG emissions by 2040 (vs. 1990), introducing flexible mechanisms including international carbon credits and permanent carbon removals. Clean Industrial Deal Aligned: The target supports industrial competitiveness, energy security, and a fair transition through new tax incentives, state aid, and CBAM simplification. Strategic Global Positioning: […]
