Business
Bladex and Scotiabank lead US$100 million loan for EGE Haina
Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and The Bank of Nova Scotia (Scotiabank) announced the successful closing of a US$100 million syndicated loan for Empresa Generadora de Electricidad Haina (EGE Haina), reaffirming their commitment to the region's energy transition and sustainable development.
About this update from Banco Latinoamericano De Comercio Exterior, S.a.
[{"type":"text","content":"The syndicated loan follows the Green Loan Principles (GLP) guidelines of the Loan Market Association (LMA) and the Loan Syndications and Trading Association (LSTA). It reflects the commitment of both entities to support projects that promote the transition to renewable energy, help mitigate climate change and strengthen the energy supply for the country's growth.","length":370,"tagName":"p","attribs":{}},{"type":"text","content":"PANAMA CITY, March 13, 2025 /PRNewswire/ -- Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) and The Bank of Nova Scotia (Scotiabank) announced the successful closing of a US$100 million syndicated loan for Empresa Generadora de Electricidad Haina (EGE Haina), reaffirming their commitment to the region's energy transition and sustainable development.","length":370,"tagName":"p"},{"type":"image","alt":"In the photo, from left to right: Guillermo Gamundi - Bladex, Warren Bonilla - Bladex, Gonzalo Gil - Scotiabank, José A. Rodríguez – EGE Haina, Rodrigo Varillas – EGE Haina, Carlos Bogaert - Scotiabank","displaySize":"","headline":null,"caption":"In the photo, from left to right: Guillermo Gamundi - Bladex, Warren Bonilla - Bladex, Gonzalo Gil - Scotiabank, José A. Rodríguez – EGE Haina, Rodrigo Varillas – EGE Haina, Carlos Bogaert - Scotiabank","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":267,"url":"https://media.zenfs.com/en/prnewswire.com/bb55b92e9a9b6e709678fcb53e1d5752"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/fD3vuOGmh8_YBcLK5t7FAw--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTQ3MTtjZj13ZWJw/https://media.zenfs.com/en/prnewswire.com/bb55b92e9a9b6e709678fcb53e1d5752","width":400,"height":267}},"href":"https://mma.prnewswire.com/media/2641413/Guillermo_G___Warren_B___Gonzalo_G___Jose_R___Rodrigo_V___Carlos_B.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"The proceeds of the syndicated loan will be used to support EGE Haina in the development of its renewable energy assets platform, supporting the company's growth strategy in line with the national objective of increasing the share of renewable energy in the Dominican Republic's energy matrix.","length":301,"tagName":"p"},{"type":"text","content":"Jorge Salas, CEO of Bladex, said, "This financing reaffirms our mission to be a k...
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