Green Bond Fact Sheet

This fact sheet details a NOK 1.3 billion green bond issued by Norske Tog AS on December 11, 2019, to finance or refinance electric trains and urban rail projects in Norway.

• Norske Tog AS issued a green bond on December 11, 2019, with a total amount of NOK 1.3 billion (approximately USD 143 million) and a maturity date of December 11, 2029.
• The proceeds of the bond are designated for financing or refinancing electric trains and urban rail projects selected according to the issuer's Green Bond Framework, with a maximum look-back period of 3 years for refinancing.
• Norske Tog AS commits to publishing annual reports on the allocation and impact of the bond until full allocation, utilizing metrics such as GHG emissions avoided, energy savings in GWh, and energy efficiency per passenger.
• Norske Tog AS is a non-financial corporate entity wholly owned by the Norwegian Ministry of Transportation and Communications, established in 2016 to hold rolling stock spun off from NSB AS.

APA

Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-12%20NO%20Norske%20Tog%20As.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-12%20NO%20Norske%20Tog%20As.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=11 December 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-12%20NO%20Norske%20Tog%20As.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 = dec, url = {https://www.climatebonds.net/files/drupal-files/files/2019-12%20NO%20Norske%20Tog%20As.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }