Green Bond Fact Sheet

This fact sheet describes a EUR 300 million green covered bond issued by Nord/LB on January 28, 2020, to finance and refinance renewable energy projects, specifically onshore wind, offshore wind, solar power, and energy storage.

• Nord/LB issued a green covered bond on January 28, 2020, with a total amount of EUR 300 million (USD 331 million) and a maturity date of January 28, 2025.
• The proceeds of the bond are designated for financing and refinancing renewable energy projects, specifically focusing on the purchase, design, construction, development, and installation of solar power and on- and offshore wind power, as well as the storage, transformation, transmission, and connection of renewable energy.
• Eligible assets for the bond are renewable energy projects located in the OECD, the European Economic Area (EEA), the European Union (EU), or countries that possess a high-quality rating from recognized rating agencies.
• The issuer committed to providing regular public impact and allocation reports. Impact reporting, starting 12 months after issuance, will include annual avoided greenhouse gas emissions in tons of CO2 equivalents, total installed capacity of renewable energy in MW, and annual expected production in MWh.
• Climate Bonds Initiative identifies this as the first green covered bond from Luxembourg, noting that only 28 green covered bonds issued by 12 entities existed in the market of approximately 7,700 covered bonds, all of which were from Europe.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-01_LU_NordLB.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-01_LU_NordLB.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=28 January 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-01_LU_NordLB.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{climatebondsinitiative2020green, author = {{Climate Bonds Initiative}}, title = {{Green Bond Fact Sheet}}, institution = {Climate Bonds Initiative}, year = {2020}, month = jan, url = {https://www.climatebonds.net/files/drupal-files/files/2020-01_LU_NordLB.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }