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Jersey Electricity plc Secures New GBP100 Million Sustainability-linked Revolving Credit Facility

MT Newswires·09/07/2026 06:53:36
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06:53 AM EDT, 09/07/2026 (MT Newswires) -- Jersey Electricity plc (JEL.L) obtained a new sustainability-linked revolving credit facility worth 100 million pounds sterling, according to a Monday release. The power company's funding, which has a margin of 0.85% above the sterling overnight index average, will initially mature in five years with two one-year extension options. The facility also has an uncommitted accordion option of up to 50 million pounds.