Gamesa Renewable Energy (SGRE) recently extended a guarantee line from
Danske Bank to €150 million from an initial €100 million and included
Sustainable Development Goals (SDG) criteria. The company has signed and
also included similar conditions for a new €140 million guarantee line
from Mizuho Bank Europe NV.
In less than a year, SGRE has accumulated €1.72 billion in green guarantee
lines. Siemens Gamesa will use this to support its business of manufacturing
and selling onshore and offshore wind turbines worldwide. The company claims
to have installed over 99 GW of wind capacity worldwide, which produces
enough energy to power nearly 85 million European households.
“Becoming more sustainable and competitive is clearly feasible and positive,
and we aim to do it at every step we take. Sustainability and ESG principles
are key at every decision, including in our funding and financing strategy”
said David Mesonero, CFO of Siemens Gamesa.
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