Content tagged with "project finance"

BBVA finances the world’s first power plant to combine solar thermal energy and biomass energy

As part of plans to consolidate its leading position in funding renewable energy projects, BBVA has acted as Mandated Lead Arranger to finance the construction and operation of the world’s first power plant to combine solar thermal energy and biomass energy. The operation includes a senior loan of 99 million euros and a further VAT loan of 25 million euros.

‘Regional Solidarity’ Project: The employees of BBVA in Spain propose and select which solidarity projects the bank will support as part of its CR plan

The bank sets aside a minimum of €1.8Mn to fund 180 solidarity projects on local levels throughout Spain. For this inaugural ‘Territorios solidarios’ (‘Regional Solidarity’ Project) initiative, BBVA employees have proposed over 2,600 projects. After an external auditing process, 559 projects were selected which will now be voted on by BBVA staff in Spain. With this initiative, BBVA aims to involve all of its employees in its Corporate Responsibility policy, and to detect community needs on a local level.

BBVA finances the construction of two solar thermal plants for Elecnor

BBVA has successfully closed the deal to finance for the construction of two solar thermal plants for Elecnor in Ciudad Real, with a total installed capacity of 100 megawatts. The project, called Aste, was closed on April 15. It has been organized… Continue reading BBVA finances the construction of two solar thermal plants for Elecnor »

Why Pakistan

Why isn’t society’s response the same for Pakistan as with the Haiti emergency?

What is banking for all?

At BBVA, we are working towards a better future for people. This is our vision. Our commitment is based on generating proposals of value through what we know how to do best: provide financial services to the greatest number of people possible.

Responsible finance

  Responsible risk management at BBVA BBVA made some significant progress in environmental and social risks throughout 2009: Creation of a coordinating unit for environmental and social risks within the risk area. Appointment of people responsible for environmental and social risks in… Continue reading Responsible finance »

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