Green Bond Fact Sheet

The Greater Orlando Aviation Authority issued a USD 924 million green bond on October 3, 2017, to finance the construction of five new buildings and enabling works for the South Terminal Complex project at Orlando International Airport.

• The Greater Orlando Aviation Authority issued a USD 924 million green bond on October 3, 2017, with a maturity date of October 1, 2052, and a tenor of 35 years.
• Proceeds from the bond are designated for the South Terminal Complex project at Orlando International Airport, specifically for enabling works and the construction of five new buildings, which include car park extensions and additional terminal space.
• The new buildings are intended to meet LEED Version 4 standards and are expected to achieve the 'Certified' level, the lowest of four LEED rating levels. The issuer has set a target for a 20% energy efficiency improvement over existing buildings.
• The Climate Bonds Initiative views the target of minimum LEED certification as 'unambitious', contrasting it with Mexico City Airport's targets of LEED Gold and Platinum. The 20% energy efficiency target is also considered to be 'on the low side', with a preference for targets of 25-30% or higher.
• At the time of the fact sheet, this represented the largest green bond issued by an entity from Florida.

APA

Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2017-10%20US%20Greater%20Orlando%20Aviation%20Authority.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2017-10%20US%20Greater%20Orlando%20Aviation%20Authority.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=17 April 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2017-10%20US%20Greater%20Orlando%20Aviation%20Authority.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 = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2017-10%20US%20Greater%20Orlando%20Aviation%20Authority.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }