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Thursday, 15 June 2023

Bahrain’s Bepco bags accolades for its USD 2.2 bn green credit facility + UAE’s Empower gets two gold awards at IDEA 2023

Bahrain’s Bepco recognized for USD 2.2 bn corporate green note: Bahrain-based Bapco Energies has snapped up two awards; the Best Islamic Finance Facility Award at the EMEA Annual Achievement Awards and ESG Loan Transaction of the Year at GFC Media Group’s Bonds, Loans & Sukuk Middle East Awards in recognition of its USD 2.2 bn dual-tranche shariah-compliant and conventional corporate green bond, which is set to mature in 2026, Zawya reports.

Empower bags 2 gold awards at IDEA 2023: The UAE’s Emirates Central Cooling Systems Corporation (Empower) won the Total Number of Buildings Committed and Total Building Area Committed gold awards at the International District Energy Association (IDEA) Annual Conference 2023 held in Chicago last week, it said in a bourse filing. This is the seventh consecutive year Empower bags the same titles for the categories, it notes.

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