Iberdrola ( (ES:IBE) ) just unveiled an update.
Iberdrola has announced the issuance of green bonds worth 400 million euros, linked to the company’s share value, with a maturity date in 2030 and a 1.5% annual coupon. This strategic move, guaranteed by Iberdrola, underscores the company’s commitment to sustainable finance and strengthens its position in the renewable energy market, potentially impacting stakeholders by enhancing financial stability and promoting green investments.
More about Iberdrola
Iberdrola, S.A. is a leading global energy company primarily engaged in the production, distribution, and commercialization of electricity. The company is heavily focused on renewable energy sources and is a significant player in the green energy sector, aiming to reduce carbon emissions and promote sustainable energy solutions.
YTD Price Performance: 7.44%
Average Trading Volume: 2,238,310
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €89.26B
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