Green Bond Fact Sheet

The City of St Louis Park issued a USD 43.7 million green bond on December 28, 2018, to finance a LEED Gold certified multifamily housing project via a loan to E-Generation One, LLC.

• The City of St Louis Park issued a green bond on December 28, 2018, for an amount of USD 43.7 million with a maturity date of July 1, 2053, representing a tenor of 34.5 years.
• The proceeds of the Series 2018 Bonds are intended to finance the fit out, construction, and acquisition of a multifamily housing project. This project is expected to achieve LEED Gold certification and is estimated to reduce energy bills for new tenants by up to 45%. The construction phase is scheduled to conclude by January 2020.
• The City of St Louis Park is providing the bond proceeds as a loan to E-Generation One, LLC, a Delaware limited liability company. E-Generation One, LLC is owned by a single member, which is a Minnesota non profit corporation recognized as a tax exempt organization.
• The issuer has not committed to disclosing any post-issuance information beyond the standard yearly continuing disclosure.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2018-12%20US%20City%20of%20St%20Luis%20Park.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2018-12%20US%20City%20of%20St%20Luis%20Park.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=10 January 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2018-12%20US%20City%20of%20St%20Luis%20Park.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2019green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2019}, month = jan, url = {https://www.climatebonds.net/files/drupal-files/files/2018-12%20US%20City%20of%20St%20Luis%20Park.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }