Transmission system operator TenneT has become the Netherlands- ' largest corporate green debt issuer following a approximately 25GW -tranche, € 1.25bn ($ 1.40bn ) launch. The latest issue makes Tennet the largest corporate green debt issuer in the Netherlands, with over €8bn issued to date. TenneT plans to invest €35m over a full year 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 1.500% , while the 35bn tranche has €750m, with a 20-year term and a 1.500% coupon.
Transmission system operator TenneT has become the Netherlands- ' largest corporate green debt issuer following a approximately 25GW -tranche, € 1.25bn ($ 1.40bn ) launch. TenneT plans to invest €35m over a full year 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 1.500% , while the 35bn tranche has €750m, with a 20-year term and a 1.500% coupon.