tiprankstipranks
Trending News
More News >

Contact Energy Secures A$400 Million for Green Investments

Story Highlights
Contact Energy Secures A$400 Million for Green Investments

Confident Investing Starts Here:

Contact Energy Limited ( (COENF) ) has provided an announcement.

Contact Energy Limited has successfully issued A$400 million in fixed rate green medium term notes under its Australian Medium Term Note programme. The proceeds will be used to invest in green assets, aligning with the company’s Sustainable Finance Framework. The issuance, rated BBB by S&P Global Ratings, was well subscribed and aimed at diversifying Contact’s debt investor base, with participation limited to institutional investors.

More about Contact Energy Limited

Contact Energy Limited operates in the energy industry, focusing on the generation and retail of electricity and natural gas. The company is committed to sustainable practices and investments, particularly in green energy assets.

See more data about COENF stock on TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1