Green Bond Fact Sheet

This fact sheet details a green bond issued by BKS Bank AG on February 11, 2017, to finance a small hydropower plant project in Austria.

• BKS Bank AG issued a green bond on February 11, 2017, with a total amount of EUR 3 million (USD 3.19 million) and a maturity date of April 30, 2023.
• BKS Bank AG is identified as the first commercial bank in Austria to issue a green bond.
• The bond proceeds were used for a loan to Hasslacher Energie GmbH to replace a small hydropower plant on the Liesser river in Carinthia, Austria. The project, which became operational in 2017, increased power output from 1MWh to 1.8MWh and produces approximately 10GWh per year.
• While the Climate Bonds Initiative notes that modernizing existing hydropower assets generally has lower negative environmental impact than new construction, it observes that BKS Bank AG lacks a reporting process to disclose the actual impacts of the projects.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2017-02%20AT%20BKS%20Bank.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2017-02%20AT%20BKS%20Bank.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=28 June 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2017-02%20AT%20BKS%20Bank.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2018green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2018}, month = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2017-02%20AT%20BKS%20Bank.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }