TenneT, the transmission system operator (TSO) serving Germany and the Netherlands, has launched and priced its first green hybrid bond at €1bn ($1.07bn) to fund its offshore wind connection plans.
According to the operator, the market has already shown “keen interest with an order book of approximately €3bn”.
“Today’s inaugural Green Hybrid Bond issue demonstrates our ongoing commitment to green financing instruments and the further development of the green financing market,” said Otto Jager, TenneT’s chief financial officer.
“It
