CaixaBank signs GBP 500 million bilateral credit facility with Scottish Hydro Electric Transmission
XLU•CaixaBank signs bilateral credit facility with Scottish Hydro Electric Transmission
- CaixaBank CIB signed a GBP 500 million bilateral credit facility with Scottish Hydro Electric Transmission, its largest UK utilities bilateral deal.
- The facility backs SHET’s investment program to expand and modernize northern Scotland’s electricity transmission network.
- Over the 12 months to June 2026, CaixaBank CIB provided more than GBP 3 billion of financing to UK utilities.
- Recent deals include participation in a syndicated facility of more than EUR 1.6 billion for Scottish Power.
