HONG KONG, March 6, 2026 — Envision Energy, a global green technology leader, has successfully closed a USD 600 million equivalent 1+2 year sustainability-linked syndicated term loan in Hong Kong. This deal constitutes the company’s largest non-project syndicated loan in the international offshore credit market, achieved via a widely distributed public syndication that drew robust involvement from top global financial institutions. The financing is a key milestone in Envision’s ongoing effort to broaden its diverse international funding sources and underscores firm confidence in its robust credit standing and enduring sustainability approach.
The loan was jointly lead-arranged by Banco Bilbao Vizcaya Argentaria and Crédit Agricole Corporate and Investment Bank, acting as Sustainability Structuring Coordinators, Mandated Lead Arrangers, Bookrunners, and Underwriters alongside a banking consortium from multiple regions such as Australia, Germany, France, Italy, Spain, the Middle East, and China. The deal garnered an overwhelming reception from the banking sector, resulting in over-subscription. It was consequently increased to USD 600 million equivalent from an initial target of USD 500 million equivalent, with 13 banks in the final syndicate and an extra USD 100 million greenshoe option.
This financing is structured as a sustainability-linked loan (SLL). Its terms are linked to the attainment of specific Sustainability Performance Targets, which encompass Scope 3 greenhouse gas emission intensity and annual wind turbine installation capacity. The framework adheres to the Loan Market Association / Asia Pacific Loan Market Association / Loan Syndications and Trading Association (“LMA/APLMA/LSTA”) Sustainability-Linked Loan Principles (“SLLP”) and received independent verification from DNV Business Assurance Limited.
“This deal shows the firm belief that leading global financial institutions have in Envision Energy’s creditworthiness, business model, and sustainability leadership,” stated Joseph Ma, Co-CFO of Envision Energy. “We are pleased to collaborate with an esteemed group of financial partners who align with our goal of speeding up the worldwide shift to clean energy. This funding increases our agility to expand our innovations in renewable energy systems, storage, and green hydrogen, while also solidifying our pledge to quantifiable sustainability outcomes. As we keep advancing Physical AI to develop the future energy system, we stay focused on constructing a secure, smart, and sustainable energy future and on generating lasting value for our clients, partners, and the wider community.”
“This transaction mirrors the mutual trust developed with Envision Energy over the years and our dedication to assisting our clients throughout their growth journey, especially in global expansion and sustainable transformation,” said Jorge González Jacob, Head of Corporate Lending at BBVA. “Envision’s durable business model and quantifiable sustainability goals closely match our financing focus, reinforcing our backing for its long-term international growth. We are proud to utilize BBVA’s worldwide distribution network and sustainable finance know-how to support business models that are driving the energy transition in vibrant markets like Asia.”
Quentin Galmiche, Head of Corporate & Leveraged Finance, Asia Pacific at Credit Agricole CIB, commented: “The achievement of this landmark financing in China’s wind power industry underscores Envision Energy’s status as a global renewable energy frontrunner. Its dedication to sustainable development, coupled with its adaptable international and diversified financial approach, impressed many banks and provoked a powerful market reaction, fully showcasing faith in Envision Energy’s strategic outlook. As a global leader in renewable energy finance, Crédit Agricole CIB has observed Envision Energy’s swift ascent and is privileged to have been selected to establish this benchmark for the company’s sustained growth in the offshore credit market and its widening global footprint.”
Envision’s robust ESG track record laid a firm groundwork for this partnership. In 2025, the firm reached operational carbon neutrality for the fourth year in a row and used 100% renewable electricity for the second consecutive year, meeting its RE100 pledge ahead of time. It was included in S&P Global Commodity Insights’ first-ever 2025 Tier 1 Cleantech Companies list for both Wind and Energy Storage, emphasizing its financial reliability, advanced technology, and superior operations. As a net-zero transition pioneer, Envision Energy has also received the EcoVadis Gold Medal and a CDP A rating for climate change for two consecutive years.
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