Supporting renewable energies through Banco Santander
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Approval date
15 June 2018
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Borrower
Banco Santander SA
- Country
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Loan size
€ 200 000 000
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Line of action
Climate action: developing adaptation and mitigation measures
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Status
Completed
Construction of renewable energy plants such as photovoltaic, wind and biomass power plants aiming to improve protection of the environment and to reduce CO2 emissions.
Final beneficiaries will be Spanish citizens who will benefit from better air quality resulting from a reduction in air pollutant emissions as well as job seekers throughout the country who will benefit from the creation of direct and indirect jobs.
CEB lends €200 million to Banco Santander to finance renewable energy projects in Spain
Press release 18 September 2018
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