Alliander launches a € 1 billion dual-tranche Green Bond

6 May 2025

On April 28, 2025, Alliander successfully launched a dual tranche Green Bond transaction for a total amount of €1 billion. The proceeds will be used to finance investments in the electricity grid. The network company has now issued 10 green bonds in total, bringing the overall amount of green bonds issued by Alliander to €4.45 billion.

Alliander plays an important role in facilitating the energy transition. In addition, as a network company, it aims to contribute to sustainability through its own operations. With the issuance of the new green bonds, the company has once again attracted many sustainable investors. The two bonds, with a nominal value of €500 million each, have maturities of 8 and 12 years and will carry coupon rates of 3% and 3.5%.

Investments

In the coming years, Alliander will invest more than €2.1 billion to make the energy system future-proof. This is necessary because the energy supply is changing and increasingly coming from sustainable sources such as wind turbines and solar panels. Furthermore, the demand for electricity is rising due to the growth of industries and the agricultural sector. The use of electric transport is also increasing, and more sustainable residential areas and business parks are being developed.

Green Finance

To support the issuance of Green Bonds, Alliander has established a Green Finance Framework. Under this framework, the company can also issue other forms of sustainable financing, such as commercial paper and private placements. The framework has received a Second Party Opinion from ISS-ESG. The new green bonds will be listed on Euronext Amsterdam (ISIN codes: XS3065241195 and XS3065239702).