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Company & Organisation News - 31/03/2018

Vigeo Eiris, second party opinion on Iberdrola’s Green Bond issuance

IBERDROLA, a Spanish multinational leader in the energy sector, has just issued a €700 million green bond

With a coupon of 2.625% and a maturity of 2024, this operation will allow Iberdrola to finance renewable energy projects, smart grid projects and transmission and distribution network projects.

Vigeo Eiris confirmed that the Hybrid Bond considered by Iberdrola is a “Green Hybrid Bond” with positive contribution to sustainable development, aligned with the Green Bond Principles, reaching a reasonable level of assurance on the Hybrid Bond contribution to sustainability.

Vigeo Eiris Second Party Opinion

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Keywords : Green bonds, Green bonds