Renewable Energy Finance: Acciona Harnesses Samurai Loan: A €280mn Milestone in Sustainable Financing 🌱💼

published on 08 February 2024

Acciona has successfully obtained a €280mn Samurai loan from 17 Japanese banks, including MUFG and Mizuho 🌏. This strategic move not only diversifies its funding sources but also boosts its efforts to expand its renewable development projects in Europe and North America, with a goal of reaching 30 GW of installed capacity by 2030.

But what exactly is a Samurai Loan? 🏯 It's a yen-denominated loan from Japanese lenders to international firms, facilitating access to Japan's debt capital for overseas operations.

Why opt for Samurai Loans? 🌐 They offer foreign companies access to Japan's low-interest rate capital markets, providing financial flexibility. With Japan's interest rates remaining below zero and inflation at around 2.4%, it's an attractive option for borrowers.

Acciona's Achievement: This move positions Acciona alongside other elite companies such as Macquarie Group and NTPC, who have also utilized Samurai loans for renewable projects. Remarkably, it's a pioneering step for a European entity in this sector.

The above analysis is proprietary to Enerdatics’ energy analytics team, based on the current understanding of the available data. The information is subject to change and should not be taken to constitute professional advice or a recommendation.

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