Germany’s MBB issues €72m clean energy bond / BlackRock’s Schulten calls for green bond standards / first Climate Bond Standard verification / NY Green Bank looking for a President

Jay OwenGreen Prosperity

MBB Clean Energy AG last week raised a 6 year, €72 million ($94.6m), saying it would invest the proceeds in 1,500 MW of existing wind and solar power plants.  Coupon was 6.25%. The bond will be listed on the Frankfurt Stock Exchange. Bookrunner was Donner & Reuschel AG.

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