RTE takes its first steps on the green bond market

On January 5th, RTE announced its first green bond issue of 850 million euros dedicated to financing sustainable-development projects, offshore-wind-farm connections and grid connections with neighbouring European countries.

The funds raised from these green bonds will be used notably to finance eligible projects that engender environmental benefits and build up a more resilient power grid ready to accommodate new renewable energy sources.

With this operation announced by the French daily “Les Echos”, RTE joined its European partners such as power-grid operators Terna, National Grid or Tennet on the green bond market, highlighting the central role of power system operators in taking actions to combat climate change.