Archive

Bonds round-up: Nidec, CNP Assurances, Citycon, Ygrene, World Bank, munis ... and others

Green bonds round-up, 23 January

Ontario Power Generation (OPG) has issued its second green bond, raising CAD500 million ($375 million).

Green bonds round-up, 2 May

DTE 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.

First Pace bonds of the year to raise $444.5m

Ygrene is set to raise $176 million from its first Property Assessed Clean Energy (Pace) bond of the year.

Green bond round-up, 12 April 2017

Pace finance providers Renovate America and Ygrene are set to issue green bonds this quarter Environmental Finance understands.

The PACE quickens

The market for Property Assessed Clean Energy bonds in the US is booming, with $1.7 billion of issues last year. Joe Walsh investigates the secret to its success and explains why it is being rolled out in other countries.

Ygrene receives $95m private equity investment as Pace market booms

Ygrene Energy Fund has received a $95 million investment from US private equity firm Lightyear Capital, which has acquired a minority stake.

Green bonds round-up

California-based Property Assessed Clean Energy (PACE) financing company Ygrene will issue a securitised PACE green bond every quarter, Environmental Finance can reveal.

Ygrene issues first AAA rated Pace bond in $329.5m fundraise

Ygrene Energy Fund has raised $329.5 million by issuing two Property Assessed Clean Energy (Pace) bonds including the market's first AAA rated notes.

People Moves

Farnam Bidgoli head of Sustainalytics' sustainable bond practice in Europe, has stepped down to complete her post graduate studies in Toronto.