Eolian, a portfolio company of Global Infrastructure Partners (GIP), has closed a $515 million renewable-energy green loan, together with Banco Santander, MUFG, National Australia Bank, Natixis Corporate & Investment Banking and SMBC.
The loan will allow Eolian to advance and scale up its decarbonization strategies, in line with its energy-transition efforts.
The financing was secured by a diverse group of eligible green projects developed by Eolian over the past 20 years and is aligned with the four pillars of the Green Loan Principles, which was jointly published by the Asia Pacific Loan Market Association (APLMA), the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA) in February.
“The closing of this long-term financing with a club of five premier global lenders validates the broad appeal of Eolian as a sponsor and of its uniquely diversified and compelling clean energy portfolio,” said Aaron Zubaty, CEO of Eolian
