EnergyWatch

Ørsted signs for credit facility worth EUR 2bn

Monday, the Danish power company enters a five-year, sustainability-linked, revolving credit agreement with options to extend twice by one year.

Photo: Ørsted

Ørsted has secured credit as of Monday morning. With EUR 2bn in hand, the Danish power utility replaces the existing, unutilized credit facility of EUR 1.4bn established in December of 2015.

This credit will be used to manifest select sustainability goals pertaining to Ørsted's general business activities.

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