Green Bond Fact Sheet
Summary
This fact sheet from the Climate Bonds Initiative details a BRL 1.294 billion (USD 343 million) green bond issued by Neoenergia, a subsidiary of Iberdrola in Brazil, on July 23, 2019.
Key insights
- Neoenergia issued a senior unsecured green bond on July 23, 2019, with a total amount of BRL 1.294 billion (approximately USD 343 million) and a maturity date of June 15, 2029.
- The bond proceeds are designated for the financing and refinancing of 26 projects: 10 transmission projects (52% of proceeds), 1 hydro project (32% of proceeds), and 15 onshore wind projects (16% of proceeds).
- Neoenergia, a subsidiary of Iberdrola, is the second largest energy provider in Brazil by number of consumers, serving 14 million customers (34 million people) across 18 states through four distributors: Coelba (BA), Celpe (PE), Cosern (RN), and Elektro (SP).
- The issuance is noted as the largest issuance in BRL for the year 2019 and the first issuance from Brazil in the second half of 2019.
- The issuer committed to annual reporting on the allocation of proceeds and environmental impacts, including GHG emissions avoidance and energy generation, until the bond's maturity.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-07%20BR%20Neoenergia.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-07%20BR%20Neoenergia.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=27 July 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-07%20BR%20Neoenergia.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 = jul, url = {https://www.climatebonds.net/files/drupal-files/files/2019-07%20BR%20Neoenergia.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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