{"id":14648,"date":"2024-06-14T16:04:25","date_gmt":"2024-06-14T16:04:25","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=14648"},"modified":"2024-06-14T16:04:25","modified_gmt":"2024-06-14T16:04:25","slug":"atls-700mn-revolving-facility-gets-green-loan-tag","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/atls-700mn-revolving-facility-gets-green-loan-tag\/","title":{"rendered":"ATLs $700mn revolving facility gets green loan tag"},"content":{"rendered":"<p>Adani Transmission Limited (ATL) has bagged the coveted green loan tag by Sustainalytics for its revolving facility worth $700 million. This provides assurance on the green loan framework for<u>ATL<\/u>s revolving facility.<\/p>\n<p>The firm provides analytical environmental, social and <a href=\"https:\/\/exam.pscnotes.com\/governance-notes-for-state-psc-exams\">Governance<\/a> (ESG) research, ratings and data to institutional investors and companies.<\/p>\n<p>A revolving loan facility is a flexible borrowing mechanism that enables the borrower to withdraw, repay, and withdraw again.<u>MUFG Bank<\/u>has acted as green loan coordinator to the issuer for arranging the second-party opinion (SPO) on green loan framework prepared by ATL.<br \/> The projects associated with the $700 million flexible loan <div class=\"youtube-subscribe-container\">\r\n        <a href=\"https:\/\/www.youtube.com\/channel\/UCNHT8lW-JmLC68rjBfZhdkg?sub_confirmation=1\" target=\"_blank\" class=\"youtube-subscribe-button\">\r\n            <span class=\"youtube-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 576 512\">\r\n                    <path d=\"M549.7 124.1c-6.3-23.7-24.8-42.3-48.3-48.6C458.8 64 288 64 288 64S117.2 64 74.6 75.5c-23.5 6.3-42 24.9-48.3 48.6-11.4 42.9-11.4 132.3-11.4 132.3s0 89.4 11.4 132.3c6.3 23.7 24.8 41.5 48.3 47.8C117.2 448 288 448 288 448s170.8 0 213.4-11.5c23.5-6.3 42-24.2 48.3-47.8 11.4-42.9 11.4-132.3 11.4-132.3s0-89.4-11.4-132.3zm-317.5 213.5V175.2l142.7 81.2-142.7 81.2z\"\/>\r\n              <div class=\"telegram-channel-container\">\r\n        <a href=\"https:\/\/t.me\/pscnotes2025\" target=\"_blank\" class=\"telegram-channel-button\">\r\n            <span class=\"telegram-icon\">\r\n                <svg xmlns=\"http:\/\/www.w3.org\/2000\/svg\" viewBox=\"0 0 496 512\">\r\n                    <path fill=\"white\" d=\"M248,8C111,8,0,119,0,256s111,248,248,248s248-111,248-248S385,8,248,8z M362,177L320,367c-3,14-10,18-20,14l-56-41l-27,26 c-3,3-5,5-10,5l4-63L323,196c5-5-1-7-8-3l-98,62l-42-13c-9-3-10-9,2-14l162-63C351,160,365,164,362,177z\"\/>\r\n                <\/svg>\r\n            <\/span>\r\n            Join Our Telegram Channel\r\n        <\/a>\r\n    <\/div>   <\/svg>\r\n            <\/span>\r\n            Subscribe on YouTube\r\n        <\/a>\r\n    <\/div> facility are being set up in<u>Gujarat<\/u>and<u>Maharashtra<\/u>. In Gujarat, these projects are part of the governments green energy corridor projects (GEC), dedicated to the evacuation and transmission of .<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Adani Transmission Limited (ATL) has bagged the coveted green loan tag by Sustainalytics for its revolving facility worth $700 million. This provides assurance on the green loan framework forATLs revolving facility. The firm provides analytical environmental, social and Governance (ESG) research, ratings and data to institutional investors and companies. A revolving loan facility is a &#8230; <a title=\"ATLs $700mn revolving facility gets green loan tag\" class=\"read-more\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/atls-700mn-revolving-facility-gets-green-loan-tag\/\">Read more <span class=\"screen-reader-text\">ATLs $700mn revolving facility gets green loan tag<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1084],"tags":[1069],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v22.2 (Yoast SEO v23.3) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ATLs $700mn revolving facility gets green loan tag - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/atls-700mn-revolving-facility-gets-green-loan-tag\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ATLs $700mn revolving facility gets green loan tag\" \/>\n<meta property=\"og:description\" content=\"Adani Transmission Limited (ATL) has bagged the coveted green loan tag by Sustainalytics for its revolving facility worth $700 million. This provides assurance on the green loan framework forATLs revolving facility. The firm provides analytical environmental, social and Governance (ESG) research, ratings and data to institutional investors and companies. A revolving loan facility is a ... 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This provides assurance on the green loan framework forATLs revolving facility. The firm provides analytical environmental, social and Governance (ESG) research, ratings and data to institutional investors and companies. A revolving loan facility is a ... 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