ACCIONA has marked a milestone in international financial management by subscribing to the first sustainable financing under the modality Shopping Line covered by China Export & Credit Insurance Corporation (SINOSUREThe operation, valued at €206 million, aims to optimize the company's global procurement through financial support from BBVA.
Pioneering structure for the global supply chain
This financial solution is distinguished by consolidating various supply contracts with exporters from the Asian giant under a single line of credit. This move is strategic for the infrastructure business of ACCIONA, as it not only guarantees liquidity for foreign trade operations, but also strengthens long-term cooperation with key partners in China.
The execution of this transaction has been led by BBVA, an entity that has played the role of Mandated Lead Arranger and coordinator of SINOSURE through its branch in Hong KongWith this scheme, the Spanish company diversifies its sources of financing and consolidates its position in Asian financial markets.
| Key Concept | Details of the Operation |
|---|---|
| Total | 206 millones de euros |
| Credit Agency (ECA) | SINOSURE (China) |
| Financing entity | BBVA (Branch Hong Kong) |
| Mode | Shopping Line (Sustainable financing) |
| Objective | Strategic infrastructure provisioning |
Local impact and corporate sustainability
The transaction falls within the Sustainable Impact Financing Framework de ACCIONABeyond the usual financial indicators, the operation incorporates a local impact indicator Highly innovative: the company will offer specific training programs to its Chinese suppliers to facilitate the decarbonization of their industrial operations.
- Strengthening resilience in the global supply chain.
- Promoting sustainable solutions through knowledge transfer in decarbonization.
- Compliance with sustainability objectives at the corporate and international level.
This initiative underscores the capacity of ACCIONA to build financial solutions that support its global growth in collaboration with export credit institutions, ensuring that its infrastructure expansion maintains a low-carbon profile and high social responsibility.
Key points and frequently asked questions about ACCIONA's sustainable financing
What is the Shopping Line financing option?
It is a structure that allows grouping together various purchase contracts with exporters from a specific country (in this case China) under a single line of financing coordinated by an export credit agency.
What is SINOSURE's role in this agreement?
SINOSURE It acts as the export credit agency that provides the necessary coverage for financing, facilitating that ACCIONA access competitive conditions on your international purchases.
How does this funding affect Chinese suppliers?
In addition to ensuring payments for supplies, suppliers will receive technical training programs from ACCIONA to reduce their carbon emissions by integrating them into a more sustainable business model.
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