Archive

  • The SDGs and the bond market

    13 December 2017

    The green bond market, which in recent years has emerged as a test bed for sustainable finance, has begun to adapt in response to the Sustainable Development Goals (SDGs).

  • Iberdrola green hybrid tightens price by 43bps

    20 November 2017

    Iberdrola's latest green bond tightened by 43 basis points amid "remarkable demand" from investors.

  • Green bond round-up, 20 September 2017

    20 September 2017

    Mexico City Airport Trust has returned to the green bond market with the biggest corporate issue to date – a two-tranche $4 billion bond – to finance what it claims will be the world's most sustainable airport.

  • Lessons from the Repsol bond

    02 August 2017

    I recently had an interesting chat with a leading green bond underwriter. He wanted to know whether I thought a green bond to finance energy-from-waste would be well received by the market.

  • Spain's BBVA agrees green loan for Uruguay transmission project

    18 July 2017

    Spanish bank BBVA has agreed to provide a $25 million 'green loan' to Italian energy company Terna to help it connect renewable energy projects in Uruguay to the national grid.

  • India, Paris and EIB add $2bn to green bond market

    03 July 2017

    The European Investment Bank (EIB), has issued a €1 billion ($1.124 billion) Climate Awareness Bond maturing in 2047.

  • Societe Generale launches Italy's first Positive Impact Finance bond

    20 June 2017

    Italy's first Positive Impact Finance (PIF) bond for retail investors has been issued by Societe Generale.

  • Time the green bond market grew up

    05 June 2017

    The exclusion of Repsol's bond from the main green bond indexes highlights that a lack of a clear definition of what is green is hindering the market, argues Keith Mullin.

  • Repsol's green bond: exploring the controversy

    19 May 2017

    Spanish oil & gas company Repsol issued a controversial green bond that immediately raised concerns, mainly because it represents more investment in production that results in more carbon emissions, even if more efficiently. Marcio Viegas assesses the controversy

  • Spanish oil company issues controversial green bond

    10 May 2017

    Spanish oil company Repsol has issued a controversial €500 million ($543 million) green bond that will be partly used to fund energy efficiency projects in its oil and chemical refineries.