Green Bond Fact Sheet
Summary
A fact sheet detailing a USD 45 million green bond issued by the Oregon School District on March 1, 2019, to finance the construction of the first net zero carbon/zero energy school building in Wisconsin.
Key insights
- The Oregon School District issued a USD 45 million green bond on March 1, 2019, with a 20-year tenor and a maturity date of March 1, 2039. The bond is classified as a US Muni and was issued by a local government entity with an S&P credit rating of AA.
- Proceeds from the bond are dedicated to the design and construction of a new elementary school, which is intended to be the first 'net zero' school in the state of Wisconsin. The facility will achieve net zero carbon or energy status by combining on-site energy generation with building energy efficiency to ensure no net carbon is released into the atmosphere from operations over a one-year period.
- The District has committed to reporting on the use of proceeds until they are fully spent and intends to report key metrics regarding the building's net zero energy performance. This reporting is scheduled to begin approximately one year after building completion and continue until five years after the bond issuance date.
- The bond was not certified and did not have a second party opinion or assurance report. The Climate Bonds Initiative (CBI) noted the effort as commendable but encouraged the issuer to seek external reviews and verification to align with market best practices.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-03%20US%20Oregon%20School%20District.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-03%20US%20Oregon%20School%20District.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=14 March 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-03%20US%20Oregon%20School%20District.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 = mar, url = {https://www.climatebonds.net/files/drupal-files/files/2019-03%20US%20Oregon%20School%20District.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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