Saturday June 6, 2020

ESB set to sell its first green bond within days

Proceeds earmarked for wind power and electric vehicles; l Move will allow it to tap into growing area of green finance

Ian Guider

Markets Editor

2nd June, 2019

The ESB is to sell its first green bond in the coming days with the proceeds of hundreds of millions of euro being earmarked for investment in wind power and electric vehicles.

According to a presentation given to debt investors last week and seen by this newspaper, the ESB plans to spend the proceeds of the bond in the next two years.

The presentation states that four priority areas for investment are onshore and offshore...

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