Alliander issues another 2 green bond loans for a total of €1 billion
Alliander plays an important role in facilitating the energy transition. In addition, as a network company, she also wants to contribute to sustainability from her own operations. With the issuance of the new Green Bonds, the network company has once again been able to attract many sustainable investors. The two bond loans, worth €500 million each, have a maturity of 5 years and 10 years and a coupon rate of 3.25% and 3.75% respectively.
Increasing investments
Alliander will invest more than €2.2 billion per year in the coming years to future-proof the energy system. This is necessary because the supply of energy is changing and increasingly consists of sustainable sources, such as windmills and solar panels. In addition, the demand for electricity is rising due to, among other things, the growing industry and agricultural sector. The share of electric transport is also increasing and more sustainable residential areas and business parks are being built.
Sustainable financing
For placing green bond loans, Alliander has a Green Finance Framework. Under this framework, Alliander can also place other forms of sustainable finance, such as money market paper and private loans. The framework has an opinion from ISS-ESG. The new Green Bonds will be listed on Euronext Amsterdam (ISIN code: XS3359749481 and XS3359749564).