Envision Energy, a global leader in green technology, has closed a US$ 600 million equivalent 1+2 year sustainability-linked syndicated term loan in Hong Kong—its largest non-project syndicated loan in the international offshore credit market.

The broadly distributed public syndication drew strong participation from top-tier global banks, marking a major milestone in Envision’s international financing strategy.

The loan was jointly lead-arranged by Banco Bilbao Vizcaya Argentaria (BBVA) and Crédit Agricole Corporate and Investment Bank (CIB) as Sustainability Structuring Coordinators, Mandated Lead Arrangers, Bookrunners, and Underwriters. The syndicate included banks from Australia, Germany, France, Italy, Spain, the Middle East, and China. Initially set at USD 500 million, overwhelming demand led to an upsizing to USD 600 million with 13 banks in the final syndication, plus a USD 100 million greenshoe option.

Structured as a sustainability-linked loan (SLL), the financing ties directly to measurable Sustainability Performance Targets, including Scope 3 GHG emission intensity and annual wind turbine installed capacity. The framework follows the Loan Market Association / Asia Pacific Loan Market Association / Loan Syndications and Trading Association Sustainability-Linked Loan Principles and is independently verified by DNV Business Assurance Limited.

“This transaction demonstrates the strong confidence of leading global financial institutions in Envision Energy's credit profile, business model, and sustainability leadership,” said Joseph Ma, Co-CFO of Envision Energy.

"We are delighted to partner with a distinguished group of financial institutions that share our vision of accelerating the global energy transition. This financing enhances our flexibility to scale our innovations in renewable energy systems, energy storage, and green hydrogen while reinforcing our commitment to measurable sustainability performance.

"As we continue pioneering Physical AI to build the future energy system, we remain dedicated to building a secure, intelligent, and sustainable energy future, and to creating long-term value for our customers, partners, and society.”

Jorge González Jacob, Head of Corporate Lending at BBVA, added: “This transaction reflects the mutual trust we have built with Envision Energy over time, as well as our commitment to supporting our clients at every stage of their growth, particularly in their international expansion and sustainable transformation.

"Envision's resilient business model and measurable sustainability targets align closely with our financing priorities, strengthening our support for its long-term international expansion. We are proud to leverage BBVA's global distribution platform and sustainable finance expertise to back business models that are accelerating the energy transition in dynamic markets such as Asia.”

Quentin Galmiche, Head of Corporate & Leveraged Finance, Asia Pacific at Crédit Agricole CIB, said: “The success of this landmark transaction in China's wind power sector demonstrates Envision Energy's position as a global leader in renewable energy. Its commitment to sustainable development, and its flexible international and diversified financial strategy impressed numerous banks, and generated strong market response, fully reflecting the confidence in Envision Energy's strategic vision.

"As one of the global leaders in renewable energy financing, Crédit Agricole CIB has witnessed Envision Energy's rapid growth and is honored to be appointed to set this benchmark for Envision Energy's continued growth in the offshore credit market and its expanding international presence.”