Green Bond Fact Sheet
Summary
A Green Bond Fact Sheet for a NOK 75 million (USD 9 million) issuance by Sunndal Sparebank, a Norwegian local savings bank, to finance renewable energy and low-emission transport projects.
Key insights
- Sunndal Sparebank issued a senior unsecured green bond on February 1, 2019, with a maturity date of February 1, 2022, and a total amount issued of NOK 75 million (approximately USD 9 million). This issuance is noted as the first green bond from Norway under USD 10 million since 2011.
- The bond's proceeds are allocated to two primary categories: approximately 70% for a pool of loans funding hydro, wind, and solar power projects and related infrastructure, and approximately 30% for loans funding fully electric and hydrogen-powered vehicles (both light and heavy).
- Sunndal Sparebank has committed to reporting at least annually until full allocation, and subsequently if material changes occur. Impact reporting will include the number of vehicles financed for transport projects and the megawatts (MW) installed for energy projects.
Cite the original document
- APA
- Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-02_NO_Sunndal_Sparebank.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2019-02_NO_Sunndal_Sparebank.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=5 February 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2019-02_NO_Sunndal_Sparebank.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = feb, url = {https://www.climatebonds.net/files/drupal-files/files/2019-02_NO_Sunndal_Sparebank.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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