Green Finance for Sustainable Energy in Sub-Saharan Africa
In line with SMBC’s commitment to Social Value Creation, the bank arranged a green loan to finance solar panels and batteries in Sub-Saharan Africa, part of Puma Energy’s strategy to provide energy access to enable socio-economic growth in the region. As part of the green loan, SMBC supported Puma Energy to establish its green finance framework with the aim of financing projects across renewable energy. The green finance framework was assigned SQS3 Sustainability Quality Score (“Good”) by Moody’s Ratings.
