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Santander Green

Sector: Commercial • Location: Brazil

Source: International Finance Corporation (IFC)

Project
Completed

The indicative proposed investment consists of a 3-year loan of up to US$150 million to Banco Santander (Brasil) S.A. (“Santander” or the “Bank”), an existing IFC client since 2009. The proposed investment aims to continue supporting the Bank’s lending to climate-smart sub-projects, with a focus on Renewable Energy (“RE”), by providing financing for solar panel sub-loans (the “Project”). This Proj

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

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The indicative proposed investment consists of a 3-year loan of up to US$150 million to Banco Santander (Brasil) S.A. (“Santander” or the “Bank”), an existing IFC client since 2009. The proposed investment aims to continue supporting the Bank’s lending to climate-smart sub-projects, with a focus on Renewable Energy (“RE”), by providing financing for solar panel sub-loans (the “Project”). This Project is part of IFC’s strategy of fostering the greening of the banking sector in Brazil.

Original sub-sector

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Original Currency

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Original budget

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Procurement method

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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