Amprion secures €1.1 billion in green bond issuance for grid upgrades

German transmission system operator (TSO) Amprion announced it has raised €1.1 billion through its latest green bond issuance. The proceeds of the funding will be directed towards upgrading the grid.  

Peter Rüth, CFO of Amprion, said, “The positive response to our green bond underlines the investor confidence in our corporate and financing strategy.” 

He added, “The proceeds will be invested exclusively in our green project portfolio, directly supporting our goals to expand and modernise the transmission grid to integrate more and more renewable energy.” 

Iberdrola places $525 million in 10-year US green bonds, capitalizing on strong market demand

The bond issuance, a dual-green tranche bond, was issued under the company’s €9 billion debt issuance program.  

The first tranche, valued at €500 million, offers a six-year maturity with an annual coupon of 3.125%. The second tranche, which amounts to €600 million, features a longer maturity of 15 years and a higher annual coupon of 3.850%. 

Bayerische Landesbank, Commerzbank, DZ BANK AG, ING, Landesbank Hessen-Thüringen, Landesbank Baden-Württemberg, SEB and UniCredit arranged the transaction. 

Masdar secures $1 billion in second green bond issuance for renewable energy expansion

In mid-May, Amprion issued a green dual-tranche bond with a total nominal value of €1 billion.  

The German company announced a substantial investment plan earlier this year, committing approximately €27.5 billion to enhance and expand its transmission grid infrastructure over the next five years.