Green Bond Fact Sheet

A fact sheet detailing a USD 335 million green bond issued by the San Diego Association of Governments (SANDAG) on September 14, 2019, to fund the extension of the San Diego Trolley Blue Line light rail system.

• The San Diego Association of Governments (SANDAG) issued a green bond on September 14, 2019, for USD 335 million with a maturity date of November 15, 2027. This represents the first green bond issuance from SANDAG.
• The proceeds from the bond are almost entirely dedicated to extending the 'San Diego Trolley Blue Line' light rail system by 10.92 miles across the County of San Diego. The project aims to improve connectivity between academic institutions, medical centers, research hubs, and link lower income communities to employment and health care in the University City Community.
• The bond issuance saw significant investor demand, with orders exceeding USD 3.1 billion and participation from 51 investors, including those focused on environmental and social criteria.
• SANDAG has committed to reporting on the use of proceeds annually until they are fully allocated, with disclosures available online and in annual reports. Additional disclosure regarding project design and operational characteristics remains voluntary.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20San%20Diego%20Association%20of%20Governments.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20San%20Diego%20Association%20of%20Governments.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=14 September 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20San%20Diego%20Association%20of%20Governments.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 = sep, url = {https://www.climatebonds.net/files/drupal-files/files/2019-08%20US%20San%20Diego%20Association%20of%20Governments.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }