Redeia Issues €500M Green Bond for Energy Transition
Company Announcements

Redeia Issues €500M Green Bond for Energy Transition

Red Electrica Corporacion (ES:RED) has released an update.

Redeia Corporación S.A., part of Redeia, has issued a green bond for €500 million in the euromarket to finance eco-friendly projects and bolster the financial stability of Red Eléctrica de España S.A.U. The bond, maturing in 8 years with a 3.375% annual coupon, is expected to assist the company in meeting the financial demands of the energy transition.

For further insights into ES:RED stock, check out TipRanks’ Stock Analysis page.

Related Articles
Austin AngeloRed Electrica Corporacion (0RI5) Announces Q1 Dividend: Read On for Important Dates
TipRanks Spain Auto-Generated NewsdeskRed Electrica Announces 2024 Interim Dividend
TipRanks Spain Auto-Generated NewsdeskRed Electrica’s Financials Get Positive EY Review
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