SP Group (SP) established a Green Financing Framework to deepen the integration of its sustainability ambition into its financing strategy. SP has also secured its maiden green loan facilities of S$100 million from DBS, OCBC Bank and UOB on a bilateral basis.
Under the Framework, SP and its subsidiaries will be able to issue green financing instruments to finance and/or refinance eligible green projects in four categories: clean transportation, energy efficiency projects, renewable energy and green buildings. The Framework will also govern the use and management of the green loan facilities from DBS, OCBC Bank and UOB.
Read more in the media release.
- 22 April 2021