1. Home
  2. »
  3. News
  4. »
  5. Chilean Colbun issued its first green bond to finance renewable energy projects
NEWS
Chilean Colbun issued its first green bond to finance renewable energy projects
10/18/2021 Since 3 months

Colbun S.A., a Chilean power generation and transmission company, issued its first green bond in the international market for an amount of 600 million dollars that will be used to finance the construction of its renewable energy projects. Colbun has five wind and solar initiatives in an advanced stage of development for a total 2,000 MW capacity, and another 1,100 MW projects in earlier stages conceived as options to support the future growth of the company.

The bonds were placed with a coupon rate of 3.15% and with maturity in 11 years (2032). The operation was structured in accordance with the regulation of Rule 144 and Regulation S of the United States Securities and Exchange Commission (SEC).

This issuance meets the standards and requirements established in the Green Bond Principles of the International Capital Markets Association (ICMA) to be qualified as a green bond.

This post is also available in: Spanish

LATEST NEWS
ICMA Podcast on the EU Green Bond Standard
On this podcast the ICMA presents the Quarterly Briefing, Q1 2022: Update on the EU Green Bond Standard proposal. Nicholas Pfaff, ICMA’s Head of Sustainable Finance, reviews progress on the EU Green Bond Standard a...
Since 1 week Read More
Pampa Energia from Argentina issues its first green bond to finance new investments in wind energy
Pampa Energia, the largest integrated independent energy company in Argentina, issued a green bond in Argentinean pesos for an amount equivalent to nearly 30 million dollars, with the aim of financing part of the expa...
Since 2 weeks Read More
IDB Invest together with Pantaleón promote the sugarcane in Guatemala
IDB Invest will finance Pantaleón SA, one of the largest sugar mills in Guatemala (sixth world’s largest sugar exporter country) and Central America, with 70 million dollars. IDB Invest will contribute 50 million and ...
Since 2 weeks Read More