Green Bond Fact Sheet

A Green Bond Fact Sheet detailing a EUR22m/USD24m bond issued by Grenergy Renovables on November 8, 2019, to finance solar and onshore wind projects.

• Grenergy Renovables issued a senior unsecured bond on November 8, 2019, with a total amount of EUR22m/USD24m and a maturity date of November 8, 2024, representing a tenor of 5 years. The bond carries a coupon of 4.750% and was underwritten by Bankinter.
• The proceeds from the bond are dedicated exclusively to financing renewable energy projects, specifically onshore wind and solar farms. These projects are estimated to avoid 484.1 tCO2/year of CO2 emissions.
• Grenergy Renovables, a non-financial corporate based in Madrid, Spain, employs approximately 100 people and operates in 6 countries. The company focuses on the development, financial structuring, construction, operation, and maintenance of large-scale renewable energy plants.
• The issuer has committed to annual reporting on ESG issues related to eligible projects until maturity or until material changes occur. Reports will include the percentage of allocated and unallocated funds, the number and type of projects financed, investment percentages by country or region, and tariff types. An impact report featuring GHG avoided and energy savings indicators will be made public on the company website.
• This issuance marks the first bond ever issued by Grenergy Renovables. While the bond is not certified, it received a second party opinion from Vigeo Eiris.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-11_ES_Grenergy_Renovables.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-11_ES_Grenergy_Renovables.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=14 November 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-11_ES_Grenergy_Renovables.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 = nov, url = {https://www.climatebonds.net/files/drupal-files/files/2019-11_ES_Grenergy_Renovables.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }