Posted by: Windfair Editors
innogy presents first German corporate Green bond in benchmark size
Official Press Release innogy:
innogy issues first German corporate Green bond in benchmark size
Green Bond issuance worth €850 million with a coupon rate of 1.25 % matures in 2027 / Proceeds used to refinance on- and offshore wind projects / Reviewed by ESG agency Sustainalytics
Today innogy successfully placed the first German corporate Green Bond in benchmark size. innogy’s inaugural Green Bond is an interest-bearing security, whose issue proceeds are used to refinance sustainable projects. The Green Bond Framework set up by innogy encompasses renewable as well as energy efficiency and eMobility projects. The internationally recognized ESG agency Sustainalytics confirmed that innogy is well positioned to issue Green Bonds, and that the innogy Green Bond Framework is robust and transparent. It is in alignment with the Green Bond Principles 2017 published... ... More: Official Press Release innogy
- Keywords:
- innogy, green bond, Germany, benchmark size