Rönesans Holding has achieved a significant milestone by completing Turkey’s first sustainable Eurobond issuance within its sector, raising $350 million in green financing. This landmark achievement, driven by the company’s newly announced Green Finance Framework, will fund impactful social and sustainability projects across the globe. The issuance attracted overwhelming investor interest, including from international financial institutions like IFC, EBRD, and DEG, highlighting the growing demand for responsible investments.
Results for: Green bonds
Azure Power Global Limited, a leading renewable energy provider in India, has announced the refinancing of its Green Bonds maturing in December 2024 with a INR 24 billion Term Loan underwritten by REC Limited. This move showcases Azure Power’s commitment to sustainable growth and its ability to optimize funding for its projects.
Eco Material Technologies, a leading producer of sustainable construction materials, has released its 2023 Sustainability Report highlighting its significant environmental impact. The company diverted over 10 million tons of material from landfills, avoided 5.9 million metric tonnes of CO2 emissions, and successfully issued $125 million in Green Bonds to further its sustainable initiatives.
The global tellurium market is set to experience significant growth, driven by increasing demand from the consumer electronics and renewable energy sectors. Green bonds and solar technology are fueling the market, with tellurium playing a key role in thin-film solar cells and energy-efficient solutions. However, concerns remain regarding environmental and safety regulations due to the metalloid’s toxic properties.