Green Bond Fact Sheet
Summary
The Interstate Power and Light Company issued a USD 500 million senior unsecured green bond on September 26, 2018, to fund the construction and development of wind and solar electric generating facilities.
Key insights
- Interstate Power and Light Company issued a USD 500 million senior unsecured green bond on September 26, 2018, with a maturity date of September 26, 2028, and a tenor of 10 years.
- The proceeds from the bond issuance are designated for the construction and development of solar and wind electric generating facilities.
- The issuer committed to providing an update on its website within one year of issuance regarding the allocation of bond proceeds to renewable energy generation projects and their key environmental features.
- Interstate Power and Light Company, a subsidiary of Alliant Energy Corporation, is a public utility providing electricity generation and distribution, as well as natural gas distribution and transportation in southern Minnesota and Iowa.
- The bond received credit ratings of Baa1 from Moody’s and A- from S&P, and was underwritten by Wells Fargo Securities LLC, MUFG Securities America Inc, and Goldman Sachs & Co LLC.
Cite the original document
- APA
- Climate Bonds Initiative (2018). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-09%20US%20Interstate%20Power%20and%20Light%20Company.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2018. https://www.climatebonds.net/files/drupal-files/files/2018-09%20US%20Interstate%20Power%20and%20Light%20Company.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=1 October 2018 |url=https://www.climatebonds.net/files/drupal-files/files/2018-09%20US%20Interstate%20Power%20and%20Light%20Company.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 = oct, url = {https://www.climatebonds.net/files/drupal-files/files/2018-09%20US%20Interstate%20Power%20and%20Light%20Company.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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