Green bonds round-up: IBRD, Folksam Group, Electrolux, Interstate Power & Light, Pace Funding Group, EBRD
The International Bank for Reconstruction and Development (IBRD), part of the World Bank Group, has tapped the €600 million ($675 million) green bond it issued in November to raise a further €250 million.
$10bn of green, social and sustainability bonds issued in a week
A surge of activity has boosted the green, social and sustainability bond market, with $10.1 billion of issuance in the space of week.
Greenalia agrees €125m loan for biomass plant
Spanish firm Greenalia has agreed a loan worth €125 million ($146 million) to finance its biomass electric power production plant.
EIB and five development banks launch Marguerite II with a war chest of over €700m
A new pan-European fund to support infrastructure investments in renewables, energy and transport has been launched by the European Investment Bank (EIB) and five national promotional banks (NPBs).
Spain's ICO issues third social bond
Instituto de Credito Oficial (ICO), a state-owned Spanish bank, has issued what it claims is the first benchmark-size social bond since the launch of the Social Bond Principles.
EF BRIEFS: LGX, Responsible Investing, RGGI
The Luxembourg Green Exchange (LGX), the Luxembourg Stock Exchange's (LuxSE) green bond listing service, has opened a window dedicated to social and sustainable bonds.
Green bonds turn social
With a slew of 'sustainability' bonds coming to market in recent weeks, Sophie Robinson-Tillett looks at what the trend – and an imminent set of Social Bond Principles – means for the green bond market
EF BRIEFS: ET Risk, Latvenergo, Morgan Stanley, TerraForm Global, ICO
A coalition of think-tanks, researchers and financial companies will develop a framework to assess the potential financial impacts on securities created by the transition to a lower-carbon economy.