Weekly blog: TfL’s £400m green transport bond big success / China’s first on the way / first M&A green bond for Senvion / NIB back in market with SEK 1bn ($116m) 5yr / littlies from EBRD, World Bank, City of StPaul, Mytrah Energy / + gossip

Jay OwenSRI/ESG News, Greentech

Development Bank issuance Nordic Investment Bank issues its third green bond (SEK 1bn ($116m), 5 yr, 0.155%, AAA)  Nordic Investment Bank (NIB) has issued a SEK 1bn ($116m) green bond, its third SEK denominated green bond issuance (they call them Nordic Environmental Bonds – NEBs). The bond has a 5 …

Germany’s KfW issues largest ever USD green bond – $1.5bn! (AAAe, 1.75%, 5yr) and it’s still 1.6x oversubscribed

Jay OwenSRI/ESG News

  Germany’s KfW issues largest ever USD green bond – $1.5bn! (AAAe, 1.75%, 5yr) and it’s still 1.6x oversubscribed In Frankfurt yesterday I met yesterday with the KFW (Germany’s development bank) Capital Markets team, who ran through their latest latest green bond in USD. A strong result. It’s a follow-up …

MIT issues green property bonds to refinance green buildings, $370m, 24 yr, 3.959% coupon, Aaae. We like!

Jay OwenSRI/ESG News

  MIT issues green property bonds to refinance green buildings, $370m, 24 yr, 3.959% coupon, Aaae. We like! I’ve been in Montreal today discussing the prospects for green property bonds and arguing it’s as much about re-financing as new projects. We want an owner of a green hotel chain to be …

Electric Climate Finance session at UN Summit: insurers go wild with promises; investors plead for green investments; Jim Kim almost breaks out in song about green bonds

Jay OwenGreen Prosperity, SRI/ESG News

  Electric Climate Finance session at UN Summit: insurers go wild with promises; investors plead for green investments; Jim Kim almost breaks out in song about green bonds It’s the day after the UN Climate Summit party in New York. Yes I do feel as if I’m hungover; but it …

Green Bonds Add to $5.7 Trillion Privately Invested in the Green Economy

Ethical Markets - RGreen Prosperity, SRI/ESG News, Sustainability News

FOR IMMEDIATE RELEASE Green Bonds Add to $5.7 Trillion Privately Invested in the Green Economy Saint Augustine, FL, September 1, 2014 ~ The first two quarters of 2014 show the Green Transition Scoreboard® (GTS) at $5.7 trillion in private investments and commitments since 2007. This confirms the green economy is …

[Climate Bonds] Just in case you were wondering … $3.93bn of “labelled” green bonds issued so far in 2014. More coming – up to $1bn expected next week

Jay OwenGreen Prosperity

Climate Bonds has posted a new item, ‘Just in case you were wondering … $3.93bn of “labelled” green bonds issued so far in 2014. More coming – up to $1bn expected next week‘ Lots of activity. For a discussion of what we mean by “labelled”, see our review of 2013. Issuer …

[Climate Bonds] Unibail-Rodamco issues EUR750m 10 year, A+ green property bond, first green corporate bond of 2014 – 3.4x oversubscribed in less than 2 hours. The next wave of green is coming.

Jay OwenGreen Prosperity

Unibail-Rodamco, a large European commercial property company, yesterday announced that it had placed a landmark EUR750mn green bond based on a portfolio of green buildings. The bond was 3.4 times oversubscribed with the order book reaching EUR2.5bn in under 2 hours! The first corporate green bond linked to property was issued by Sweden’s Vasakronan …

Nordic Investment Bank issues a EUR40m ($55m), 5yr AAA ‘environmental’ bond

Jay OwenGreen Prosperity

competitiveness and the environment” of the Nordic and Baltic countries. The bank’s S&P credit rating is AAA. According to NIB’s web site, proceeds of the bond go to projects meeting NIB’s environmental sustainability criteria, “such as” those that: reduce emissions (mainly CO2, SOx, NOx, dust, energy efficiency, renewable energy, public transport solutions and recycling; …

[Climate Bonds] Dr Michael Molitor, Kristian Brüning and Dr Alex Rau join Climate Bonds team to support new Climate Science Advisory Committee supervising criteria for Climate Bond Standards

Jay OwenGreen Prosperity

Climate Bonds has posted a new item, ‘Dr Michael Molitor, Kristian Brüning and Dr Alex Rau join Climate Bonds team to support new Climate Science Advisory Committee supervising criteria for Climate Bond Standards‘ PARIS – Dr Michael Molitor, Kristian Brüning and Dr Alex Rau today join the Climate Bonds team to …

[Climate Bonds] COP19 snippets #2: new rpt shows climate finance flows flat @$359bn p.a. vs $1tn needed

Jay OwenGreen Prosperity, SRI/ESG News

“ Ethical Markets  agrees with  our colleague Sean Kidney, founder of the Climate Bonds Initiative , and our Green Transition Scoreboard ®  confirms his analysis.Hazel Henderson,Editor” Climate Bonds has posted a new item, ‘COP19 snippets #2: new rpt shows climate finance flows flat @$359bn p.a. vs $1tn needed / IEA …