Green Bond Fact Sheet

This fact sheet details a CAD 500 million green bond issued by Algonquin Power & Utilities Corp on January 25, 2019, to fund renewable energy and storage projects.

• Algonquin Power & Utilities Corp issued a private placement green bond on January 25, 2019, with a total amount of CAD 500 million (USD 377 million) and a maturity date of January 29, 2029.
• The proceeds of the bond are designated for solar, wind, energy storage, and existing hydro assets or projects, though new hydroelectric facilities with a capacity over 25MW are specifically excluded.
• The issuer, Algonquin Power & Utilities Corp, is a non-financial corporate utility with approximately US$9 billion in total assets, providing natural gas, water, and electricity services to more than 766,000 connections across North America.
• The issuer committed to providing annual updates regarding the allocation of proceeds and impact reporting, using indicators such as renewable energy production, installed capacity, and reduced or avoided Greenhouse Gas Emissions.
• The Climate Bonds Initiative notes that Canada's green bond market has been primarily led by local government and financial corporate issuance, representing 66% of cumulative issuance.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-01%20CA%20Algonquin%20Power%20%26%20Utilities%20Corp.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-01%20CA%20Algonquin%20Power%20%26%20Utilities%20Corp.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=31 January 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-01%20CA%20Algonquin%20Power%20%26%20Utilities%20Corp.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/2019-01%20CA%20Algonquin%20Power%20%26%20Utilities%20Corp.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }