Acciona Raises Record €410m in Green Schuldschein Deal
Deal News | Jun 16, 2025 | Finance Community ES 2 - Corporate M&A
Acciona, advised by ING Wholesale Banking, has successfully executed an historic Green Schuldschein transaction worth €410 million, marking the largest such deal ever conducted in Spain and the Iberian region. Initially targeted at €150 million, the transaction significantly increased in scale, attracting a diverse array of investors from 12 countries, with investment tranches spread across 5, 7, and 10-year periods. Acciona's solid sustainability profile and innovative transaction structuring, which included a local impact feature, resonated with investors, bolstering its leadership in sustainable finance. Jesús Garrido, head of DCM Iberia, and Juozas Seimys, vice president of SSD Syndicate, highlighted Acciona's ESG strategy and international business profile as significant factors in the success of the transaction.
Sectors
- Sustainable Finance
- Investment Banking
Geography
- Spain – Acciona's historic Green Schuldschein transaction is noted as the largest in the country, reflecting its significance in the Spanish market.
- Iberian Region – The deal is marked as the largest in the Iberian region, indicating its broader geographic impact beyond Spain alone.
Industry
- Sustainable Finance – The transaction revolves around Acciona's engagement in sustainable financing, marked by its Green Schuldschein issuance, which underscores their commitment to environmental, social, and governance (ESG) principles.
- Investment Banking – ING Wholesale Banking's role as an advisor in this large-scale financial transaction highlights its involvement and expertise in the investment banking sector.
Financials
- €410 million – Total value of the Green Schuldschein transaction, marking a record in Spain and the Iberian region.
- €150 million – Initial target amount for Acciona's Green Schuldschein issuance.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Acciona | Target Company | Company | A leader in sustainability and ESG, Acciona conducted a record Green Schuldschein transaction. |
| ING Wholesale Banking | Advisor | Company | Advised Acciona on its landmark Green Schuldschein deal. |
| Jesús Garrido | Head of Debt Capital Markets Iberia | Person | Played a significant role in structuring the deal. |
| Juozas Seimys | Vice President SSD Syndicate | Person | Provided key support and insight for the transaction. |
| Sergio Casado | Managing Director | Person | Partook in overseeing the transaction strategy. |
| Álvaro Aguilar Campos | Vice President | Person | Contributed to the execution of the transaction. |
| Klaus Pahle | Head | Person | Played a lead role in managing the transaction. |
| Felix Klöpper | Associate | Person | Supported the transaction team in its successful execution. |
| Joshua Z. | Director | Person | Contributed to strategic direction in the deal. |
| Jelena Macura | Vice President | Person | Assisted in the oversight of the transaction. |