Codelco secures $600 million in climate financing from HSBC

Credit: Codelco

Chile’s state-run copper giant Codelco said on Wednesday that it secured $600 million in climate financing from HSBC to reach its goals of having a 100% renewable energy matrix by 2030.

The funding completes its goals after having received $532 million in financing from Credit Agricole CIB in 2024.

(Reporting by Alexander Villegas; editing by Gabriel Araujo)

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