-
Green Bonds round-up, 27 June
27 June 2018KBC Group, a leading Belgian financial institution, has issued its first green bond – a five-year, €500 million ($600 million) transaction that was three-times oversubscribed.
-
Green mortgage pilot scheme receives backing of major banks
15 June 2018A pilot green mortgage scheme, backed by major European banks, aims to boost the growth of energy efficient buildings in Europe by establishing a standardised European framework and data gathering process.
-
Renewi converts €550m banking facility to ‘green loan’
22 May 2018Renewi has converted its main €550 million ($650 million) banking facility into a green loan, paving the way for green bond and green debt placements in the future.
-
Green bonds round-up, 2 May
02 May 2018DTE Electric, an electricity utility based in Detroit, Michigan, has entered the green bond market with a $525 million, 30-year issue. It pays a coupon of 4.05% and was priced at 97 basis points over US Treasuries, giving a yield to maturity of 4.076%. The issue has been rated Aa3, A and A+ by Moody's, S&P Global and Fitch, respectively.
-
Green bond round-up - 11 April
11 April 2018The government of Lithuania has announced plans to issue a sovereign green bond "at the end of April" to finance a 10-year, €68 million ($84 million), loan to the country's Public Investment Development Agency to fund renovations of 156 multi-apartment buildings that improve energy efficiency and reduce heating costs.
-
Environmental Finance Green Bond Awards winners revealed
28 March 2018Environmental Finance's Green Bond Awards have grown for the second consecutive year, as the number of categories expands in line with a rapidly expanding market.
-
Olam secures Asia's first sustainability-linked club loan facility
26 March 2018Agri business Olam has signed a three-year sustainability-linked revolving credit facility, aggregating $500 million of loans.
-
Allianz, KB Financial and Westpac named sustainability leaders
06 February 2018German insurer Allianz, Korean bank KB Financial and Australia's Westpac Banking Corp are the top financial sector performers in terms of corporate sustainability, according to Swiss asset manager RobecoSAM.
-
Giant Australian wind projects get dual financing boost
22 December 2017A pair of onshore wind farms in Australia with a combined 959MW of planned capacity have agreed financing deals with a host of major banks and telecommunications companies.
-
European banks focus on green tagging to drive energy efficiency
15 December 2017Green tagging is emerging as a key strategy for leading European banks looking to scale up financing of energy-efficient real estate, a report has found.