Green Bond Fact Sheet
Summary
Clearway Energy Operating LLC issued a USD600m green bond on December 11, 2019, to fund and refinance solar and onshore wind projects in the United States. The bond excludes fossil fuels and nuclear energy and includes a commitment to annual public reporting on allocation and environmental impact.
Key insights
- Clearway Energy Operating LLC issued a green bond on 11-12-2019 for USD600m with a maturity date of 01-10-2044 and a coupon of 4.750%. The bond is categorized as a Non-Financial Corporate bond with a credit rating of BB from S&P.
- The proceeds of the bond are designated for renewable energy projects specifically in the solar and onshore wind sectors, covering construction, maintenance, refurbishment, and acquisition. A primary use of these funds is to refinance existing green assets.
- The bond framework explicitly excludes any funding for nuclear energy technology, equipment, infrastructure, or fossil fuel generation.
- Clearway Energy Operating LLC committed to publishing annual public allocation and impact reports until all proceeds are allocated. Allocation reports will list eligible projects and funding amounts, while impact reports will detail GHG emissions avoided and environmental performance indicators.
Cite the original document
- APA
- Climate Bonds Initiative (2019). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2019-12%20US%20Clearway%20Energy%20Operating%20LLC.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2019. https://www.climatebonds.net/files/drupal-files/files/2019-12%20US%20Clearway%20Energy%20Operating%20LLC.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=16 December 2019 |url=https://www.climatebonds.net/files/drupal-files/files/2019-12%20US%20Clearway%20Energy%20Operating%20LLC.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%20US%20Clearway%20Energy%20Operating%20LLC.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated