30.04.24
Emirates Nuclear Energy Corporation’s Barakah One Company wins ESG financing award for groundbreaking USD2.42bn green refinancing
- ENEC’s Barakah One Company has been selected as winner of the ESG Loan Deal of the Year for the 2024 edition of the prestigious Bonds, Loans & Sukuk Middle East Awards for the $2.42bn refinancing of the Barakah Nuclear Energy Plant project
- The Barakah Nuclear Energy Plant refinancing loan, in partnership with First Abu Dhabi Bank (FAB) and Abu Dhabi Commercial Bank (ADCB was the first in the MENA Region and Asia to be independently recognized as a green loan facility
- The green refinancing was achieved through participation of prominent UAE banks, supporting the UAE’s In-Country Value Program and underscoring the important role of the nuclear energy sector in contributing to the UAE’s green economy through clean, carbon-free electricity