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Verizon Invests $1 Billion Green Bond Proceeds in Renewable Energy Development Projects

ESG Today

Verizon Communications announced today that it has fully allocated the $1 billion in proceeds from its most recent green bond, issued in May 2023 , will the full amount directed towards investments in renewable energy, supporting the company’s clean energy targets. we are proud to help accelerate the greening of the U.S.

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Verizon Issues $1 Billion Green Bond to Invest in Renewable Energy

ESG Today

Verizon Communications announced that it has completed a new $1 billion green bond offering, with proceeds from the issuance to be allocated entirely towards renewable energy investments. The offering marks the sixth green bond issuance for Verizon, raising $6 billion since the launch of the company’s inaugural green bond in 2019.

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Green Bond Momentum Builds in H1 2023

Chris Hall

Linklaters forecasts record year for green bonds, while SLB issuance suffers Q2 slowdown. Investor demand for green, social, sustainability, sustainability-linked and transition bonds (GSS+) has surged in H1 2023, with regulatory developments bringing greater transparency and confidence to the market.

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Iberdrola Issues €1.5 Billion Green Bond

ESG Today

billion in green bonds, in an offering that saw strong investor demand, despite recent market headwinds. The green bond offering, consisting of a €750 million six-year maturity bond and a €750 million a ten-year maturity bond, was more than 3.5x Billion Green Bond appeared first on ESG Today.

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Verizon Issues its Fifth $1 Billion Green Bond to Invest in Clean Energy

ESG Today

Telecom giant Verizon announced its fifth $1 billion green bond offering since its initial green bond issue in 2019, with net proceeds to be allocated exclusively toward investments in renewable energy. Verizon has now issued five green bonds, totaling $5 billion, since 2019, and has secured 3.2

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GM Issues its First Green Bond to Power Clean Transportation Investments

ESG Today

Automotive giant General Motors (GM) announced the launch of its first green bond offering, pricing $2.25 GM has committed to significantly ramp investments in electrified mobility, announcing plans last year to invest $35 billion in its EV and AV strategy between 2020 and 2025.

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New Horizons for Green Bonds

Chris Hall

David Zahn , Head of Sustainable Fixed Income at Franklin Templeton , says new standards and innovations are expanding the supply of green bonds to meet increased investor demand. Investor demand for green, social, sustainability-linked and transition bonds (GSS+) continues to rise rapidly, outstripping supply.