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Energisa issues bonds linked to ESG objectives
10/28/2022 Since 2 years
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Energisa, a Brazilian energy distribution company, announced the issuance of a sustainability-linked bond (SLB) for an amount in local currency equivalent to 142.5 million dollars. This is the first placement associated with sustainability commitments from a company in the electricity sector in Brazil.
The SLB bond is related to the objective #1 of Energisa’s ESG commitments, which seek to enable the insertion of renewable sources in Brazil with distributed generation plants and initiatives to provide access to clean energy, especially in remote regions of the country. It is estimated that the projects to be financed by the proceeds will prevent the emission of about 76 thousand tons of carbon.
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