E.ON has successfully issued a €750 million ($814 million) green bond to fund sustainable infrastructure and energy efficiency projects.
Despite the global economic downturn due to COVID-19, the bond has been issued with a consortium of international banks; Goldman Sachs International, ING and UniCredit.
The green bond has a tenor of five and a half years and has high investor demand with order books being oversubscribed 8 times.
Marc Spieker, the CFO of E.ON, said: “The strong investor demand for E.ON’s bonds underpins capital market’s trust in our strategic direction and our resilient business model.”
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