Connect with us

Hi, what are you looking for?


Green Economy

Dutch Utility Plans Green Bonds For Offshore Wind Projects

Earlier this month, Dutch transmission system operator TenneT announced the launch of its green bonds programme.

TenneT revealed the launch of a green bonds programme and a green bonds framework to raise funds that will be used to set up transmission capacity for offshore wind energy projects. TenneT will become the first non-financial company in The Netherlands to issue green bonds.

The company seems to be planning a comprehensive green bonds issuance programme that will help it raise billions of Euros over the next few years. TenneT plans to increase its investments in the country’s transmission infrastructure dedicated to offshore wind energy sector to €7 to €9 billion over the next 10 years. By 2019, the company plans to have a transmission capacity of 7 GW operational in the German sector of the North Sea, while by 2023 it hopes to have a transmission capacity of 3.5 GW in the Dutch sector.

While issuance of green bonds has become something of a norm lately, critical issues regarding the use of their proceeds remain. TenneT, however, has taken concrete actions in this regard by issuing a green bonds framework, which shall serve as a benchmark for evaluating the environmental integrity of the investments made from the proceeds of the green bonds. The framework has been prepared in collaboration with oekom research AG, while HSBC Bank will act as Green Sustainability Bond Advisor to the framework.

According to the Climate Bonds Initiative, green bonds worth $10.5 billion have been issued this year until the end of April. This compares to the green bonds issuance of $36.6 billion in 2014.

Appreciate CleanTechnica’s originality? Consider becoming a CleanTechnica Member, Supporter, Technician, or Ambassador — or a patron on Patreon.

Have a tip for CleanTechnica, want to advertise, or want to suggest a guest for our CleanTech Talk podcast? Contact us here.

Written By

Smiti works as a senior solar engineer at a reputed engineering and management consultancy. She has conducted due diligence of several solar PV projects in India and Southeast Asia. She has keen interest in renewable energy, green buildings, environmental sustainability, and biofuels. She currently resides in New Delhi, India.


#1 most loved electric vehicle, solar energy, and battery news & analysis site in the world.


Support our work today!


Power CleanTechnica: $3/Month

Tesla News Solar News EV News Data Reports


EV Sales Charts, Graphs, & Stats


Our Electric Car Driver Report

30 Electric Car Benefits

Tesla Model 3 Video

Renewable Energy 101 In Depth

solar power facts

Tesla News

EV Reviews

Home Efficiency

You May Also Like


The Dutch plugin vehicle (PEV) market continues in the fast lane, with 8,821 plugin registrations logged last month. That meant that last month’s PEV...

Clean Transport

After a hesitant start a few years ago, the first sign of progress was winning the order to build 13 highway fast-charging stations in...


It’s been a few months since we looked at electric vehicle market share trends in several top markets, so it’s time for another deep...

Clean Transport

I recently discovered Camptoo, “the Airbnb of camper vans” or “Airbnb on wheels,” when our good friend and occasional CleanTechnica writer Jacek Fior told...

Copyright © 2021 CleanTechnica. The content produced by this site is for entertainment purposes only. Opinions and comments published on this site may not be sanctioned by and do not necessarily represent the views of CleanTechnica, its owners, sponsors, affiliates, or subsidiaries.