Green Bond Fact Sheet
Summary
This fact sheet describes a EUR 500 million green bond issued by UBI Banca on April 10, 2019, with a five-year tenor. The proceeds are dedicated to financing or refinancing loans for renewable energy projects, primarily solar and wind power.
Key insights
- UBI Banca issued a green bond on April 10, 2019, with a total amount of EUR 500 million (USD 562 million) and a maturity date of April 10, 2024.
- The bond's proceeds are allocated to financing or refinancing loans for renewable energy, with a reference portfolio consisting of solar (63%), wind (23%), biomass (8%), and hydro (6%) power generation.
- UBI Banca is the third Italian commercial bank to enter the green bond market. This issuance brings the total volume of green bonds issued by Italian banks to EUR 1.5 billion, representing 14% of Italy's total volume.
- The issuer has committed to annual reporting on the use of proceeds and impacts until full allocation. Impact metrics will include expected annual renewable energy generation and energy saved, both measured in MWh.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-04%20IT%20UBI%20Banca.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-04%20IT%20UBI%20Banca.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 April 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-04%20IT%20UBI%20Banca.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 = apr, url = {https://www.climatebonds.net/files/drupal-files/files/2019-04%20IT%20UBI%20Banca.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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