Through this operation, COFIDES forms part of the first global “green lending” financing syndicate, led by BBVA as the agent bank. Green loans promote environmental sustainability and are an alternative source of funding. Eleven national and international financing organisations take part in this operation, including COFIDES through the FIEX fund.

This is the main corporate financing of Tradebe, which gives the company the chance to comfortably finance their general corporate needs together with their future medium-term growth plan, combining organic growth with selective acquisitions. With a team of more than 2,150 people, the company currently operates in Spain, France, UK, USA and Oman, and manages more than 70 facilities around the world.

As the leader in management and recycling of industrial waste in Europe and the USA, Tradebe is a company with one of the biggest international projections in the environmental industry.

This green financing is based on Tradebe’s policy of corporate social responsibility. One of its objectives is to minimise the environmental impact, reduce energy consumption and promote the conservation of natural resources by providing respectful, innovative and quality services for the environment.