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Spain-based Utility Iberdrola Raises $931 Million Through Green Bonds

In the recent transaction, 87% of the placement was with ESG investors

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Spain-based independent power producer Iberdrola has issued ten-year green bonds raising about €850 million (~$930.64 million). The proceeds from the bond issuance will be allocated to green eligible assets, as defined in Iberdrola’s Green Financing Framework.

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