BBVA, sustainability coordinator of the new revolving credit facility for EnBW in Germany
BBVA, acting as sole sustainability coordinator, has advised the German energy company EnBW to incorporate environmental and social criteria into its core bank financing. This characteristic underscores the company’s sustainable commitment. The financing agreement turns EnBW into one of the first corporations in the world to include sustainability across its entire financing spectrum. EnBW has issued three hybrid bonds and one green bond since 2018; BBVA acted as active bookrunner in the green bond and in one of the hybrids.