Listed New Zealand company Contact Energy Ltd has gained Climate Bonds Certification of geothermal assets as part of its new Green Loan Borrowing Programme for NZD1.8bn (USD1.3bn).This is the first Climate Bonds Certification gained by a New Zealand company. In a statement lodged with the NZX, the company advised their Green Borrowing Programme Framework had been developed to align with the GBP and announced Climate Bonds Initiative Certification under Standard V2.1. Independent assurance has been provided by EY.
Dennis Barnes, Contact Chief Executive says “Our Green Borrowing Programme is a first for a New Zealand corporate and enables debt investors and lenders to access a broad range of certified green debt instruments issued by a New Zealand company.”
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