TenneT Holding has launched and priced a Green Bond issue of € 1.8 billion, split in three tranches of € 650 million (term: 6.5 years, coupon 0.125%), € 500 million (term: 10 years, coupon 0.500%) and € 650 million (term: 20 years, coupon 1.125%).
Proceeds will be used to invest in eligible green power transmission projects in the Netherlands and Germany focused on connecting large-scale offshore wind farms to the onshore electricity grid and enhancing the onshore transmission capacity for renewable energy.
