European energy companies issue green finance pledge

12 Dec 2017   Climate, Europe

Nine energy companies working in the European energy sector said Monday they made pledges to support a sustainable financial model for renewables. “Together the signatories draw on their experience to call upon other industrial companies to consider issuing green bonds, which will further strengthen this market and enhance its interest from the growing share of climate-minded investors,” the companies said in a joint statement. European energy companies EDF, Enel, ENGIE, Iberdrola, Icade, Paprec, SNCF RĂ©seau, SSE and TenneT said jointly they would make the pledge to develop what they said was the “most dynamic segments of sustainable finance today, the green bond market.” The first green bond was issued a decade ago and, since then, the companies said financing for renewables has accelerated in parallel to the […]

Tags:

Comments are closed.