Wereldhave N.V. announced the launch of the Green Financing Framework and has agreed under this framework a new Green Revolving Credit Facility of €100 million with ABN AMRO Bank N.V. as a sole lender.

Dennis de Vreede, CFO of Wereldhave: “Sustainability has been integrated in Wereldhave’s operations for years. With the energy transition ahead of us and our commitment to the Science-Based Targets initiative recently, this Green Financing Framework now allows us to integrate our financial structure with sustainability. The newly established Green Revolving Financing Facility immediately reflects how we can improve our financial structure within a sustainable context”.

Wereldhave has agreed with ABN AMRO Bank N.V. a Green Revolving Credit Facility of €100 million. This new facility, with a term of two years, will increase the financial headroom of Wereldhave and contributes to the financing activities through 2021 accordingly.

The Green Revolving Credit Facility will be used to finance Wereldhave’s LifeCentral Strategy to transform identified shopping centers into sustainable and energy efficient Full Service Centers as defined in the Wereldhave Green Finance Framework.

“We are very happy with the closing of this new Green RCF for Wereldhave as inaugural trade under the Green Finance Framework. It gave us the opportunity to combine two of our core values by supporting the company in its strategic transition process as well as contributing to their sustainability efforts.” says Axel Sibmacher van Nooten, Head of Infrastructure Coverage at ABN AMRO.