Green Bond: Financing for Clean, Renewable Energy
In 2020, AVANGRID continued to tap ever-deepening pools of capital, seeking to invest in the transition to a low carbon economy. On April 7, 2020, AVANGRID completed its third green bond issuance with a $750 million five-year bond, the proceeds of which are being allocated to projects that are expected to go into service during 2021. AVANGRID is now the eighth largest green bond issuer in the U.S., with a total issued of $2.1 billion.*
