Spain and UK Finance News Round-Up, Jan 8

Spain and UK Finance News Round-Up, Jan 8

SPAIN has launched a €355 million renewables manufacturing subsidy programme aimed at strengthening the industrial value chain linked to the energy transition, according to official and industry sources. The initiative has been introduced by the Ministry for Ecological Transition and the Demographic Challenge (MITECO) and will be financed through Spain’s Recovery… Source

Standard Chartered Issues €1 Billion Green Bond to Finance Clean Energy, Green Building Projects

UK-based multinational bank Standard Chartered announced that it has issued its first-ever green bond, raising €1 billion to finance projects including renewable energy and green buildings in Asia, Africa and the Middle East. The new offering marks Standard Chartered’s fifth sustainable finance issuance, and its first in a green-only format. The bank issued its inaugural social bond last year, raising €1 billion to support sustainable developmen…