Green Bond Fact Sheet

The Green Bond Fact Sheet details a EUR 500 million green bond issued by ESB, a government-backed integrated energy company, on June 11, 2019. The bond is intended to finance and refinance projects focused on renewable energy, energy efficiency, clean transportation, and green buildings.

• ESB issued a senior unsecured green bond on June 11, 2019, with a total amount of EUR 500 million (USD 566 million) and a maturity date of June 11, 2030. The bond carries a 1.125% coupon, which represents the lowest coupon ESB has ever had for a senior bond.
• The proceeds of the bond are designated for four primary eligibility areas: Renewable Energy (wind, solar, and grid infrastructure), Energy Efficiency (smart metering, commercial building improvements, and power transmission upgrades), Clean Transportation (electric vehicles and related infrastructure), and Green Buildings (certified buildings).
• This issuance marks several milestones for the Irish market: it is the first green bond from an Irish government-backed entity, the first from Ireland to target electric vehicles and infrastructure, and the first benchmark-sized deal from Ireland excluding the previous year's sovereign issuance.
• The bond was heavily over-subscribed, receiving orders exceeding EUR 4 billion, primarily from European institutional investors and socially responsible investors.
• ESB is an integrated energy company owned 95% by the Government of Ireland, operating in the Republic of Ireland, Northern Ireland, and other parts of the UK.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-06%20IR%20ESB%281%29.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-06%20IR%20ESB%281%29.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=11 June 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-06%20IR%20ESB%281%29.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/2019-06%20IR%20ESB%281%29.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }