Ence registers a sustainable promissory note program in the MARF with a limit of 200 million euros

Ence – Energía y Celulosa has incorporated a sustainable promissory note issuance program in the Alternative Fixed Income Market (MARF) with a maximum outstanding balance of 200 million euros, which will allow the company to finance itself at terms of up to 24 months, optimize working capital financing costs and increase the diversification of its sustainable financing sources.

This is a sustainable promissory note issue and is therefore linked to compliance with various sustainability indicators.

Through this program, Ence has access to a secure and flexible source of financing, which will help the Group to boost its growth and diversification in its different business lines (pulp production, renewable energy generation and sustainable forest management), fully aligned with the circular bioeconomy and the energy transition.