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Sunday, June 25, 2017

A Bank Investing in Renewable Energy

From Bank of America -

Bank of America issues $1 billion Green Bond

In November 2016, Bank of America issued its third and largest green bond for $1 billion in aggregate principal amount, furthering the company’s commitment to advancing renewable energy generation. The bond will help to fund renewable energy projects under the company’s $125 billion multi-year environmental business commitment to accelerate the transition to a low-carbon economy through lending, investing, capital raising, advisory services and developing financing solutions for clients around the world. This issuance follows our $600 million corporate green bond offering in 2015 and our first corporate green bond issuance for $500 million in 2013.

Here are some examples of projects financed by our third green bond.
*Projects refinanced from our first green bond.
http://about.bankofamerica.com/en-us/green-bond-overview.html#fbid=EQ2_Jqn8mWY

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