Green Bond Fact Sheet

This fact sheet details a EUR 500 million green bond issued by Cadent Gas Limited on March 11, 2020, to finance low-carbon transition projects in the UK.

• Cadent Gas Limited issued a green bond on March 11, 2020, with a total amount of EUR 500 million (USD 555.8 million) and a maturity date of March 11, 2032.
• The bond proceeds are designated for four eligible project categories: Renewable Energy, Clean Transportation, Energy Efficient Buildings, and the Retrofit of gas transmission and distribution networks. These categories align with thresholds in the EU Sustainable Finance Taxonomy.
• This issuance is identified as the first transition bond of its kind in the UK and is intended to support the UK's National Adaption Plan.
• Cadent Gas Limited will provide impact and allocation reporting annually in a standalone publication, starting within one year of issuance. The allocation report will detail eligible projects, aggregated allocation at the category level, the balance of unallocated proceeds, and the proportion of financing versus refinancing.

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-03_UK_Cadent_Gas_Limited.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-03_UK_Cadent_Gas_Limited.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=30 June 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-03_UK_Cadent_Gas_Limited.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 = jun, url = {https://www.climatebonds.net/files/drupal-files/files/2020-03_UK_Cadent_Gas_Limited.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }