China’s Envision Energy closes syndicated green loan

Chicago, Dec. 21 – Envision Energy, subsidiary of Envision Group, closed on a green syndicated loan on Dec. 20, according to a press release.

The loan is compliant with both green loan principles and sustainability-linked loan principles.

HSBC and Citibank worked as joint global coordinators.

HSBC was the sole sustainability coordinator.

Commerzbank, Natixis and the Bank of Communications participated.

Sustainalytics provided an ESG opinion on the loan.

Proceeds will be used for the company’s green sustainability business.

Shanghai-based Envision Energy provides wind turbines, energy management software and energy technology services.

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