ETESA confirms it meets the highest international standards in sustainable finance, highlighted the company's general manager, Roy Morales. With this rating, ETESA became the first public company in Panama to obtain a Green Finance Framework, establishing the basis for funds raised through green bonds to be exclusively allocated to projects with environmental and sustainability benefits, explained Morales. Key points: • 'Excellent' rating from Sustainable Fitch (Fitch group), the maximum possible alignment in a Second-Party Opinion (SPO). • First public company in Panama to achieve this Green Finance Framework. • Framework aligned with the Green Bond Principles (GBP) of the International Capital Market Association (ICMA). • Opens the door for ETESA to access various green debt instruments. The administration of President José Raúl Mulino has managed to stabilize and boost the finances of the Empresa de Transmisión Eléctrica, S.A. (ETESA), overcoming the setbacks of past administrations. Last week, the firm Sustainable Fitch, from the Fitch group, granted ETESA an 'Excellent' alignment for its Green Finance Framework, the highest possible rating.
