Green finance first touches down in the aviation industry

clock
JetBlue has also pledged to switch to sustainable jet fuel on all flights from San Francisco
Image:

JetBlue has also pledged to switch to sustainable jet fuel on all flights from San Francisco

A deal between BNP Paribas and JetBlue has linked a revolving credit facility to an airline's sustainability performance for the first time

The market for green loans advanced into the aviation industry yesterday, as BNP Paribas and JetBlue Airways concluded a new sustainability-linked finance deal. The move amends an existing $550m Senior...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on BusinessGreen

The FSEW electric HGVs are primed to being transporting goods in Wales | Credit: Tesco

Tesco to deploy fully electric heavy goods trucks in 'UK first'

Supermarket chain to begin using electric articulated HGVs to transport food and other goods to Wales distribution centre

Michael Holder
clock 29 December 2021 • 3 min read
Fuelling the transition: How investors can really move the dial on sustainable energy

Fuelling the transition: How investors can really move the dial on sustainable energy

Investors need to look carefully at how this capital is allocated towards renewables in order to maxmise the impact, writes Octopus Group co-founder Chris Hulatt

Chris Hulatt, Octopus Group
clock 23 December 2021 • 5 min read
Greencoat Capital's 5MW Cocket Valley Farm in Swansea. Credit: Greencoat Capital

Schroders snaps up majority stake in renewables investor Greencoat Capital in £358m deal

Transaction will see pioneering green energy investor renamed Schroders Greencoat within Schroders' private markets division

Cecilia Keating
clock 21 December 2021 • 2 min read