Green Bonds

Green Bond: Financing for Clean, Renewable Energy

In 2022, we added $275 million to our existing green bond portfolio by issuing an inaugural utility green bond at CMP to finance investments in system resiliency, LED street lighting, and advanced metering infrastructure. These issuances increased our total green bond portfolio to $2.85 billion as of the publication date of this report. In addition, of the $21.5 billion we forecast investing between 2023 and 2025, $5.9 billion will be eligible under our current Framework for Green Financing, as these funds will go toward investments in renewable energy, energy efficiency, climate change adaptation, and clean transportation.