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.
First Reserve, Comanche Solar.
D.E. Shaw Renewable Investments, North Star Solar.
Exelon Generation Company, Bluestem.
Starwood Energy Group Global, Electra Wind.
SunPower, Sunrise 2.
D.E. Shaw, Balko Wind.*
NextEra, Pioneer Plains.*
NextEra, Steele Flats.*
D.E. Shaw Renewable Investments, North Star Solar.
Exelon Generation Company, Bluestem.
Starwood Energy Group Global, Electra Wind.
SunPower, Sunrise 2.
D.E. Shaw, Balko Wind.*
NextEra, Pioneer Plains.*
NextEra, Steele Flats.*
*Projects refinanced from our first green bond.
http://about.bankofamerica.com/en-us/green-bond-overview.html#fbid=EQ2_Jqn8mWY