Fortum signs its first green loan under its Green Finance Framework
FORTUM CORPORATION INVESTOR NEWS 5 JUNE 2024 AT 14.30 EEST Fortum has signed its first green loan under the company’s Green Finance Framework, which was established in January. The EUR 300 million green loan, aimed to refinance renewable energy and energy efficiency projects, is granted by OP Corporate Bank plc. The loan period is five years, and it has a one-year extension option. The loan partly refinances a current loan of EUR 700 million of which Fortum will prepay EUR 400 million in June. Fortum’s Green Finance Framework allows the company to raise capital via green bonds and