Vattenfall issues €500m green bond

The proceeds will be used to finance investments in renewable energy, energy efficiency, the electrification of transport and heat and a range of industrial projects

Vattenfall has issued a new €500 million (£434.66m) green bond, which was oversubscribed by more than six times.

The clean energy company now has two green bonds outstanding, with a total size of €1 billion (£869m).

The proceeds will be used to finance investments in renewable energy, energy efficiency, the electrification of transport and heat and a range of industrial projects.

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