Spanish owner Balearia has clinched the country’s first sustainable loan for shipping.
The €80m ($89m) syndicated financing led by CaixaBank will help the ropax specialist build a fleet of greener LNG-fuelled vessels.
The interest will be calculated using two environmental indicators: the number of eco vessels operated, and the number of ships with electrical connections when docked.
Other lenders include Abanca, Banca March, BBVA, Cajamar and Santander.
