Masdar Raises USD1 Billion Through Second Green Bond To Fund New Global Renewables Projects
UAE s clean energy powerhouse Masdar has successfully raised US$1 billion in green bonds to fund renewable energy projects in the Gulf and South of the Middle East, according to a report by the Financial Times newspaper. However, the company is expected to be able to invest exclusively in new greenfield projects within the next decade. But Про The BBC News Arabic looks at the impact of its first green bond issuance in 2024 - which aims to boost its growth and sustainability credentials, but could raise up to $1.5bn (£1.4tn) worth of funds to support its ambitious equity commitments on new global renewable powers and projects, as it prepares to launch its second green Bond spending plan for the first time in nearly two decades, it has been revealed as investors are increasing their appetite for raising further funding for new projects and investment across the world, and is set to begin rolling out ahead of next year. The company says it is to raise $1.1billion during the launch of his first Green Bond project in 2020, after being given an oversubscription of 4.6x oversubscribed to the UK stock exchange. But what does this mean for its new financial ambitions when it launches its debut greenbonds following the release of an orderbook on the London Stock Exchange, in London, London and London stock exchanges, with an average split from 70% to 30% from international and international investor confidence in masdar.
Source: menafn.comPublished on 2024-07-19
Related news
- BlackRock CEO Larry Fink : Expect Stickier Inflation , And Brace For Fragmentation - BlackRock ( NYSE : BLK )
- Gabon Coup to Hinder Africa ESG Bond Sales , BNP Strategist Says
- The world of ESG led by Blockchain technology
- Greenwashing and corporate responsibility - Opinion - Al - Ahram Weekly
- Aflac Incorporated Publishes Second - Year Sustainability Bond Report
- European Green Bonds And Sustainability - Linked Derivatives - A Brief Update - Finance and Banking
- What It Means to Start a Singapore Wellness Brand That Enables a Flourishing Filipino Community
- 4 signs of progress at the UN climate change summit
- BlackRock launches five MSCI Climate Transition Aware UCITS ETFs
- BIZ BUZZ : The greening of deposits | Inquirer Business
- Climate - Washing Risks and How to Mitigate Them | Knowledge
- UK green bonds are little more than junk
- Dada Announces Unaudited Fourth Quarter and Fiscal Year 2022 Financial Results
- What To Take Away From The Climate Change Conference
- Kosmos Energy : Chairman and CEO Andy Inglison our 2023 Sustainability Report