Green loans

In 2018, Interparking took out a “green” loan; a loan with a cost that’s dependent on criteria linked to the firm’s environmental performance. This was a first in Belgium! BNP Paribas Fortis provided Interparking with the loan, of €80 million to finance its expansion.

Based on this loan criteria Interparking was able to claim a discount on the cost of the loan by meeting these conditions. Since 2021, we signed several new green IRS and new loans (see here).

The interest rates are now calculated based on two specific environmental indicators:

• to maintain our “CO2 Neutral” certification (undertaken by an independent and certified body) in all countries in which Interparking group operates;
• to increase the amount of electrical vehicle spaces by 300 every year.