article thumbnail

Iberdrola’s First EuGB-aligned Green Bond Draws its Largest Order Book in 4 Years

ESG Today

Global energy and electricity provider Iberdrola announced that it has raised 750 million in a new green bond offering, its first and the first by any Spanish company to be issued under the new European Green Bond (EuGB) standard. billion of green bonds, 15.6

article thumbnail

Singapore Raises S$2.4 Billion in Inaugural Green Bond Offering

ESG Today

billion) in its inaugural green bond offering, kicking off a multi-year program aimed at raising up to S$35 billion to fund the country’s sustainable transition strategy. The offering of the August 2022 bonds was met with strong demand, with the S$2.4 The bond’s 3.4% billion (US$1.75 MAS announced that S2.35

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The nuclear option

Corporate Knights

This turnabout has been most pronounced in the green bond market, where power utilities have, controversially, been adding nuclear energy as an option for green bonds. With this in mind, nuclear green bonds promise to help fund decades of net-zero energy for the public and years of clean financial returns for investors.

article thumbnail

Siemens Energy Issues Inaugural €1.5 Billion Green Bond

ESG Today

Energy technology company Siemens Energy announced the successful placement of its inaugural green bond, raising €1.5 The offering, consisting of two €750 million tranches with 3-year and 6-year maturities, was more than 3x oversubscribed, with a total order book of around €5.5 Billion Green Bond appeared first on ESG Today.

article thumbnail

Canada Issues $4 Billion Green Bond

ESG Today

The Government of Canada announced that it has completed the issuance of a C$4 billion green bond, the country’s second, and the first by a sovereign issuer to include nuclear energy expenditures as an eligible use for proceeds. The new offering was nearly 2x oversubscribed, with a final order book above $7.4

article thumbnail

H&M Issues its First $500 Million Green Bond to Fund Climate, Circularity Goals

ESG Today

Fashion and design brands company H&M Group announced the issuance ofits inaugural green bond, raising €500 million (USD$530 million) to support the company’s environmental initiatives, including its climate and circularity roadmap. times oversubscribed with a total order book in excess of €1.75

article thumbnail

Microsoft Faces Lawsuit Over Use of Pirated Books to Train AI

Impakter

Impakter Microsoft Faces Lawsuit Over Use of Pirated Books to Train AI Today’s ESG Updates Microsoft Sued Over Use of Pirated Books to Train AI: Authors allege Microsoft used 190,000 pirated books to train its AI. James Leys