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NSG Green

Sector: Automotive • Location: Poland

Source: International Finance Corporation (IFC)

Project
Active

  The proposed investment is a sustainability linked corporate loan of up to US$160 million to NSG UK Enterprises Ltd (the Company) a wholly owned subsidiary of Nippon Sheet Glass Group Japan (NSG Group or the Group), and an existing IFC client, that manufactures architectural, automotive and specialist glass elements, with operations across Europe and the Americas. The IFC loan will finance capit

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The project “NSG Green” is an infrastructure initiative in the Automotive sector, located in Poland. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Company

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Description

Description

  The proposed investment is a sustainability linked corporate loan of up to US$160 million to NSG UK Enterprises Ltd (the Company) a wholly owned subsidiary of Nippon Sheet Glass Group Japan (NSG Group or the Group), and an existing IFC client, that manufactures architectural, automotive and specialist glass elements, with operations across Europe and the Americas. The IFC loan will finance capital expenditures to upgrade and expand existing manufacturing activities at three assets in two sites in Poland, and investments in the Company’s research and development (R&D) (the Project). The Environmental and Social (E&S) performance of the company in former investments (NSG Pilkington IV #38822, NSG Argentina #42550) and NSG UK Enterprises #45366) have been satisfactory.  

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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