-
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.
-
Waste Management prices $1.8bn of notes
20 February 2015A waste management firm that generates 550MW of energy from gas has priced $1.8 billion of senior notes.
-
US retail trust taps green bond market for first time
14 May 2014Regency Centers is thought to be the first US real estate investment trust (REIT) to issue a publicly traded green bond, raising money to fund 'green' shopping centres.
-
Turning trash into cash
19 August 2013Investment in waste-to-energy projects has been stifled by perceived risks. But there are signs that the maturing sector is starting to become increasingly attractive. Elza Holmstedt Pell reports