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DBS converts $758M bank guarantee facility into green facility

DBS converts $758M bank guarantee facility into green facility Monday, 24 February 2020
DBS converts $758M bank guarantee facility into green facility | Sky Singapore
Wind turbine maker Siemens Gamesa will issue green guarantees under the facility. DBS has converted its $758m (EUR500m) bank guarantee issuance facility with Spanish wind turbine maker Siemens Gamesa Renewable Energy into a green facility, according to a news release. Under the facility, Siemens Gamesa will be able to issue green guarantees to support their supply of equipment and services for wind energy projects internationally.
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