Etihad Credit Insurance locks sustainability deal with SkyPower

  • Date: 20-Oct-2021
  • Source: GCC Business News
  • Sector:Economy
  • Country:UAE
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Etihad Credit Insurance locks sustainability deal with SkyPower



Mr. Massimo Falcioni & Mr. Kerry Adler with other officials at the signing ceremony.

Etihad Credit Insurance (ECI), UAE’s export credit agency, has signed a strategic sustainability partnership deal with SkyPower, one of the world’s largest and most successful developers and owners of utility-scale solar (PV) energy projects, in order to strengthen the country’s commitment to the United Nations (UN) sustainable development goals (SDGs).

As part of the partnership agreement, ECI will offer trade credit insurance, export finance guarantees and investment protection solutions, and both parties will focus on strategic sectors projects, like renewable energy, sustainably powered data centers, water treatment and other projects of national interest.

The Sustainable Development Goals (SDGs), which were formulated in line with United Nations’ 2030 Agenda, are a set of 17 life-changing goals that are crucial in order to improve the planet by 2030. The strategy addresses the areas which require immediate attention for creating a prosperous world, such as, eliminating poverty, promoting good health and well-being, standing up for gender equality and implementing access to affordable and clean energy. 

At the Canadian Pavilion in Expo 2020, the strategic sustainability partnership was signed by Mr. Massimo Falcioni, Chief Executive Officer of ECI and Mr. Kerry Adler, Managing Director