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Contact Energy Issues Bonds for Green Financing
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Contact Energy Issues Bonds for Green Financing

Contact Energy Limited (COENF) has released an update.

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Contact Energy Limited has fully issued 250 million Capital Bonds at $1 each to finance and refinance renewable generation and green assets, as outlined in their Sustainable Finance Framework. The issuance was authorized by director resolutions on September 17, 2024, and the bonds were issued on October 3, 2024. This move reflects the company’s commitment to sustainability and expands its financial product offerings in the green sector.

For further insights into COENF stock, check out TipRanks’ Stock Analysis page.

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