Acciona Energia places 2nd EUR-500m green bond

January 21 (Renewables Now) – Spanish renewables firm Acciona Energia (BME:ANE) has issued a EUR-500-million (USD 567.3m) ten-year inexperienced bond, its second issuance after changing into unbiased from the mum or dad group Acciona SA (BME:ANA) final July.

The most recent transaction was finalised on Thursday at a variety of 98 foundation factors over mid-swap, with a 1.387% yield for buyers, Acciona Energia mentioned.

The bond will likely be given a BBB- ranking by Fitch and BBB (excessive) by DBRS, the identical as the previous EUR-500-million notes, and will likely be listed on Euronext Dublin.

“With the success of this second bond placement, Acciona Energia is making progress on one of many most important objectives of its IPO: to make sure an optimum value of financing with the intention to maximize the worth generated by its development plan,” the corporate mentioned.

The renewables pure-player plans to take a position EUR 7.8 billion to develop its put in capability to twenty GW by 2025 from 10.7 GW it had in 2020, it added.

(EUR 1.0 = USD 1.135)


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