Clifford Chance advises Cesce on a landmark guarantee to the European Investment Bank

Clifford Chance has advised Cesce, the Spanish Export Credit Agency (ECA), on its inaugural guarantee issued on behalf of the Spanish State to the European Investment Bank (EIB). The guarantee supports a EUR 500 million green loan facility provided by the EIB to Iberdrola for the development of the Windanker offshore wind farm in the Baltic Sea.

Clifford Chance’s export finance team is recognized for its expertise in managing complex export finance transactions across its global network.

The Clifford Chance team was led by partner José Guardo, with support from Global Financial Markets senior associate Juan Puras.