It has been placed with around thirty investors, mainly institutional and private banks With an interest rate of 4%, the company has improved by 75 basis points on the previous financing operation in a challenging market environment with rising interest rate expectations, historically high inflation rates and geopolitical risks following Russia’s invasion of Ukraine. Madrid […]
Latest research reveals the gains of going green across primary and secondary markets The latest Green Bond Pricing in the Primary Market is now available, assessing the performance of issuances in the second half of 2021. The findings follow the H1 2021 report and longer-term Climate Bonds analysis which suggests that pricing benefits of green […]
New Delhi : The proposal to issue green bonds in the Union Budget 2022-23 announced on Tuesday to mobilise resources for green infrastructure and the stress on energy transition to combat climate change, have won the government praises from environmental experts who said the initiatives will help reduce the carbon footprint of India. Experts hailed […]
Sweihan PV Power Company, an Abu Dhabi-based renewable energy firm that primarily focuses on solar energy, had been brewing off an option to raise more than $700 million in sales of amortised green bonds, an investor presentation had revealed. Having rolled out for commercial purposes back in the 2019s, Sweihan currently owns the largest solar […]
Gautam Adani’s plans to revamp his business empire into the world’s largest renewables player are on a roll. The initiative to tap the green bond market to fund this change is certainly bearing fruit as his ambitious $20 billion investment plan gets underway. Adani Green Energy, which takes care of the renewables business, has been […]
Ayala-led AC Energy Corporation (ACEN) is eyeing to fetch $400 million in gross proceeds from its issuance of senior guaranteed undated green bonds with non-callable 3.5-year fixed-for-life or non-deferrable term. In a media statement, the Ayala firm emphasized that the green bonds had been priced at 4.0-percent and the issuance was “more than five times […]
Gurugram, July 30, 2021 : 12 projects of ACME Solar Holdings Private Limited (ACME) today agreed to a debt investment of approx. $334 million, which will be funded by US dollar-denominated green bonds that were successfully priced today. The bonds will be issued by an offshore company and proceeds of the bonds will be used […]
TBILISI, GEORGIA : The Asian Development Bank (ADB) has invested $20 million in green bonds, issued by Georgian Railway JSC, with proceeds to be used primarily to roll over maturing Eurobonds that it had issued to improve existing railway lines as a part of an ongoing modernization project. The investment forms part of a $500 […]
Chief Financial Officer Steve Ridlington told Reuters the company was in early talks to buy power plants in Abu Dhabi, the largest and wealthiest of seven emirates making up the UAE. DUBAI: Abu Dhabi National Energy Company (TAQA) is in talks to buy power plants in the United Arab Emirates and could issue debut green […]