Green Bond Fact Sheet
Summary
This fact sheet describes a green bond issued by Taesa (Transmissora Aliança de Energia Elétrica) on May 24, 2019, to finance energy transmission infrastructure in Brazil.
Key insights
- Taesa issued a senior unsecured green bond on May 24, 2019, for an amount of BRL 210 million (USD 52 million) with a maturity date of May 15, 2044.
- The proceeds of the bond are intended to finance or refinance energy transmission infrastructure projects, specifically the Mariana project in Minas Gerais State, the Miracema project in Tocantins State, and the Sant’ana project in Rio Grande do Sul State.
- The issuer, Taesa, is a major electric power transmission company in Brazil with nearly 10,000km of operational lines and 3,000km under construction; it is majority-owned by CEMIG and has Interconexion Eléctrica as its second largest shareholder.
- Taesa has committed to annual disclosures on its website regarding the allocation of proceeds and environmental impact indicators until full allocation, with evaluations provided by Sitawi.
- The Climate Bonds Initiative (CBI) notes that while the bond supports renewable energy growth in Brazil, there is a need for more green bond issuance in sectors other than energy in Brazil, as three of the four bonds issued in the country in 2019 focused solely on energy.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-05%20BR%20Taesa.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-05%20BR%20Taesa.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=24 May 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-05%20BR%20Taesa.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 = may, url = {https://www.climatebonds.net/files/drupal-files/files/2019-05%20BR%20Taesa.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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