Posted by: Windfair Editors
ESB raises €1 billion in bonds
Image: PixabayOfficial Press Release ESB:
ESB Raises €1 Billion Funding in Bond Market – including its third Green Bond
ESB Group has successfully raised €1 billion in bonds last month, which will be used to fund its significant capital investment programme as it continues on its journey to deliver a net-zero future. The funds were raised through the issuance of two €500m benchmark bonds, a 12 year 4.25% fixed-rate green bond which will be allocated exclusively to finance eligible green projects and a 5 year 4.00% fixed-rate bond.
The green bond funds will be allocated to renewable energy projects which will include investment in smart meters, battery storage, solar and wind generation. These investments will play a vital role in advancing Ireland's clean energy transition and supporting the company's ambitious strategic goals. The issuance of ESB’s third Green Bond... ... More: Official Press Release ESB
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- ESB, Green Bond, funding, Bond Market, net zero, Ireland, investment, benchmark bonds
