First Green Bond Launched by EnBW

Wind Industry Profile of

Green Financial Framework reviewed by sustainability agency ISS-oekom / €500 million bond issue maturing 2033 / investment in wind power, photovoltaics and electric mobility

EnBW today successfully launched its first green bond on the capital market, with an issue size of €500 million. The bond issue, with a 15-year term to maturity, was oversubscribed within hours. The coupon is 1.875 percent. In contrast to conventional corporate bonds, the proceeds from a green bond must be used exclusively to fund climate-friendly projects. EnBW is among the first German companies to have launched a green bond of this size. Increasing numbers of institutional investors now prefer sustainable investments. “The transformation of our company towards renewable... ... More: Official Press Release EnBW

Keywords:

EnBW, green bond, investment, climate-friendly, renewable energy, wind, solar, electric mobility