This article first appeared on the BNEF mobile app and the Bloomberg Terminal. Annual green bond issuance by issuer/bond type Source: Bloomberg New Energy Finance Annual green bond issuance will hit triple digits for the first time this year. Bloomberg New Energy Finance’s most recent Green Bond analysis finds $96 billion in issuance so far this year, and expects another $39 billion in new green bonds before the end of the year. That $135 billion annual total would be a 36% increase in issuance from 2016. Bonds are tagged on the Terminal according to Bloomberg’s green bond criteria, which assesses the use of bond proceeds against international green principles. Southern Company subsidiary Southern Power Co is the largest U.S. issuer to date, having sold over $3 billion worth of green notes to fund investments in power generation since 2015. Clients can access the full report here. BNEF Shorts are research excerpts available only on the BNEF mobile app and the Bloomberg Terminal, highlighting key findings from our reports. If you would like to learn more about our services, please contact us. BloombergNEF (BNEF), Bloomberg’s primary research service, covers clean energy, advanced transport, digital industry, innovative materials and commodities. We help corporate strategy, finance and policy professionals navigate change and generate opportunities. Available online, on mobile and on the Terminal, BNEF is powered by Bloomberg’s global network of 19,000 employees in 176 locations, reporting 5,000 news stories a day. Sign up for our free weekly newsletter →
The annual value of green bonds issued is predicted to pass the $100bn mark for the first time this year, according to Bloomberg New Energy Finance. The company has recorded $96bn of the bonds issued so far in 2017, and expects another $39bn to be issued by the end of the year. The total of £135bn would represent a 35% increase on last year, with the largest single issuer in the US being Southern Power, which has sold over £3bn since 2015.