Green Bond Fact Sheet
Summary
A Green Bond Fact Sheet for Mercury NZ Ltd detailing a NZD 200 million green bond issued on September 14, 2020, to fund wind and geothermal energy assets.
Key insights
- Mercury NZ Ltd issued a green bond on September 14, 2020, with a total amount of NZD 200 million (USD 133 million) and a maturity date of September 14, 2027. The bond is a 'Use of proceeds bond' certified under the Climate Bonds Standard v3, specifically covering geothermal and wind sectors, with pre-issuance verification conducted by DNV GL.
- The proceeds from this first bond are designated for allocation toward Mercury NZ Ltd's geothermal and wind energy assets. The company is a renewables-only electricity provider that contributed approximately 17% of New Zealand's electricity generation, utilizing five geothermal plants and nine hydropower plants located on the North Island along the Waikato River to produce 7MWh of electricity in 2019.
- Mercury NZ Ltd is one of four issuers with Certification in New Zealand, alongside Auckland Council, Meridian Energy, and Contact Energy.
Cite the original document
- APA
- Climate Bonds Initiative (2020). Green Bond Fact Sheet. https://www.climatebonds.net/files/drupal-files/files/2020-09_NZ_Mercury_NZ.pdf
- Chicago
- Climate Bonds Initiative. Green Bond Fact Sheet. 2020. https://www.climatebonds.net/files/drupal-files/files/2020-09_NZ_Mercury_NZ.pdf.
- Wikipedia
- {{cite report |author=Climate Bonds Initiative |title=Green Bond Fact Sheet |date=18 September 2020 |url=https://www.climatebonds.net/files/drupal-files/files/2020-09_NZ_Mercury_NZ.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 = sep, url = {https://www.climatebonds.net/files/drupal-files/files/2020-09_NZ_Mercury_NZ.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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