Enel has announced the launch of a €1bn ($1.1bn) green bond, the proceeds of which will be used to fund a wide range of clean energy initiatives. The Italian utility is looking to raise the overall sum from institutional investors, with a view to financing projects such as renewable generation facilities, smart metering systems, sustainable mobility projects, smart lighting and energy efficiency. The bond is set to mature in each July, offering arrears of 1.5% fixed rate to be paid July 2025.
Enel has announced the launch of a €1bn ($1.1bn) green bond, the proceeds of which will be used to fund a wide range of clean energy initiatives. The Italian utility is looking to raise the overall sum from institutional investors, with a view to financing projects such as renewable generation facilities, smart metering systems, sustainable mobility projects, smart lighting and energy efficiency. The bond is set to mature in July 2025, offering arrears of 1.5% fixed rate to be paid each July.