Green Bond Fact Sheet

This fact sheet details a debut green bond issuance by Enexis Holding NV, a Dutch electricity and gas grid group, which raised EUR 500 million in June 2020 to fund grid improvements for renewable energy, green buildings, and smart meters.

• Enexis Holding NV issued a debut green bond on 17-06-2020 with a total amount of EUR 500 million (USD 565 million) and a maturity date of 17-06-2032.
• The proceeds from the bond are designated for three primary areas: smart meters, green commercial buildings, and grid expansions and improvements intended to facilitate the transportation and connection of renewable energy generation, including connections for EV charging stations.
• The bond experienced strong market reception with a book cover of 3 billion, representing 6x coverage. This resulted in 35 basis points of spread compression in the primary market from an initial price of MS+95bp to a final interest spread of ms + 60bps.
• The issuance successfully diversified the investor base, with 75% of the bond placed with investors who have a socially responsible or green investment preference. Geographically, the largest investor shares came from Germany/Austria (31%) and France (28%).

APA

Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-06_NL_Enexis_Holding_NV.pdf

Chicago

Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-06_NL_Enexis_Holding_NV.pdf.

Wikipedia

{{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=3 August 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-06_NL_Enexis_Holding_NV.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 = aug, url = {https://www.climatebonds.net/files/drupal-files/files/2020-06_NL_Enexis_Holding_NV.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }