Transmission system operator TenneT has become the Netherlands ' largest corporate green debt issuer following a two - year , € ##500 ( $ 1.40bn ) deal . TenneT plans to invest € 35 billion over the coming decade in Netherlands- and Germany - based projects linking offshore wind to the onshore grid . The initial $ 500 m bond issuance has an 11-year term and coupon of 0.875 % , while the second tranche has € 750 m , with a longer term and a 1.500 % coupon .
Transmission system operator TenneT has become the Netherlands' largest corporate green debt issuer following a two-tranche, €1.25bn ($1.40bn) launch. TenneT plans to invest €35m over the coming decade in Netherlands- and Germany-based projects linking offshore wind to the onshore grid. The initial €500m bond issuance has an 11-year term and coupon of 0.875%, while the second tranche has €750m, with a 20-year term and a 1.500% coupon.