Green Bond Fact Sheet
Summary
This fact sheet details a BRL 820 million (USD 210 million) green bond issued by AES Tietê Energia on April 17, 2019, to finance and refinance solar energy assets in Brazil.
Key insights
- AES Tietê Energia issued a project bond on April 17, 2019, with a total amount of BRL 820 million (approximately USD 210 million) and a maturity date of March 15, 2029.
- The bond is certified under the Climate Bonds Standard V2.1 Solar criteria, making AES Tietê the first Brazilian issuer to issue a Certified Climate Bond under these specific criteria.
- Proceeds from the bond are designated for the financing and refinancing of eight solar farms with a combined capacity of 225MW. This includes the operational 150MW Guaimbê solar farm and the 75MW AGV solar farm, which was expected to be operational by the end of 2019.
- AES Tietê, a subsidiary of AES Brazil (jointly owned by AES Corporation and BNDES), primarily operates as a hydropower company with 2.66GW of capacity in the state of Sao Paolo, though it is expanding into wind and solar assets.
- The issuer committed to providing annual public reports on its website, which will include audited allocation of proceeds, electricity generation figures, and estimated avoided emissions.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-04%20BR%20AES%20Tiete.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-04%20BR%20AES%20Tiete.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=6 June 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-04%20BR%20AES%20Tiete.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 = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2019-04%20BR%20AES%20Tiete.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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