Green Bond Fact Sheet

This fact sheet details a NOK 2 billion green bond issued by Ferde AS on January 23, 2020, to finance low-carbon transport infrastructure in West and South-West Norway.

• Ferde AS issued a green bond on January 23, 2020, with a total amount of NOK 2 billion (approximately USD 223 million) and a maturity date of September 23, 2024.
• The bond is tied for the largest NOK-denominated green bond from Norway, matching a 2014 issuance by BKK of NOK 2 billion.
• Proceeds from the bond are allocated to low-carbon transport projects across five Norwegian counties: Sogn og Fjordane, Hordaland, Rogaland, Vest-Agder, and Aust-Agder. Eligible projects include rail transport (trams and light rail), road infrastructure for electric or hydrogen vehicles, pedestrian pathways, and bicycle lanes or tunnels.
• Ferde AS, a government-backed entity owned by various municipalities and counties, operates as a regional toll collection and infrastructure financing company in West and South-West Norway.
• The issuer will provide annual reporting via an investor letter on its website, which will include both an allocation report and an impact report for the duration of the Green Bonds' outstanding status.

APA

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

Chicago

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

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=23 January 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-01_NO_Ferde.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_NO_Ferde.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }