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Home » News » Iberdrola Gets EUR 300M Loan from IFC for Clean Energy in Emerging Markets, Aiming to Cut Coal Dependence
Finance

Iberdrola Gets EUR 300M Loan from IFC for Clean Energy in Emerging Markets, Aiming to Cut Coal Dependence

By Philip BrooksJanuary 8, 20242 Mins Read
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Spanish utility Iberdrola has inked a deal with the International Finance Corporation (IFC), the private sector arm of the World Bank Group, to receive a EUR 300 million (USD 328.4 million) loan dedicated to advancing renewable projects in emerging and coal-dependent nations. The loan agreement is contingent on the successful attainment of two key environmental,

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