US EditionGreen Finance: Morocco’s OCP Group gets €365 Mln financial support from Italy’s SACE Group – The North Africa Post
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The OCP Group, the world leader in phosphate fertilizers, has secured a green financing of 365 million euros under a strategic agreement with the Italian agency SACE, specializing in export insurance. The facility, which is the first green loan contracted by OCP, is part of the 13 billion USD green investment programme that the OCP has signed up to...
Morocco’s OCP Group, Italian Agency SACE Sign EUR 365 Mln Green Financing Deal
OCP Group, a global leader in plant nutrition and phosphate-based fertilizer, has signed a EUR 365 million green financing agreement with Italy’s export credit agency, SACE, OCP Group announced in a statement on Tuesday. The deal is the first under OCP’s newly established green finance framework and represents SACE’s first guaranteed facility in Morocco. Structured as an export credit and arranged by BNP Paribas and Crédit Agricole Corporate and…
Green Finance: Morocco’s OCP Group gets €365 Mln financial support from Italy’s SACE Group – The North Africa Post
Moroccan state-owned OCP Group and Italian SACE group have agreed to a €365 million green financing facility, the first of its kind under OCP’s Green Finance Framework and the first guaranteed by SACE Push Strategy in Morocco. This strategic partnership reinforces OCP’s commitment to sustainability and innovation in plant nutrition solutions. SACE, Italy’s insurance and […]
The OCP and SACE group, an Italian insurance and finance group controlled by the Ministry of Economy and Finance, announced on Tuesday the signing of a green funding of €365 million (€million), a first under the Green Finance Framework of the OCP and the first operation guaranteed in Morocco by SACE Push Strategy. This strategic partnership reinforces the commitment of the OCP Group to sustainability and innovation in plant and soil nutrition so…
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