Iberdrola turns to ICO for fourth green loan

Iberdrola, the Spanish energy company, has signed another green loan from Instituto de Crédito Oficial, months after getting financing from the lender for other renewables projects.

Iberdrola has signed a €59.4m green loan from ICO to speed up the rollout of installing electric car charging points across Spain and Portugal.

The deal has a nine year maturity and is the fourth loan Iberdrola has signed with the state owned lender.

The last one came in July,

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