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Amprion has successfully issued a €1.1 billion green bond, divided into two tranches, under its €9 billion debt issuance program. The bond issuance attracted substantial investor interest, reflecting strong confidence in the company’s strategic direction.
The first tranche, worth €500 million, carries a 3.125% coupon with a 6-year maturity, while the second tranche, totaling €600 million, offers a 3.850% coupon with a 15-year maturity. Amprion’s CFO, Peter Rüth, highlighted the significance of the bond, stating, “The positive response to our green bond underscores investor confidence in our corporate and financing strategy. The proceeds will be exclusively allocated to our green project portfolio, supporting our efforts to expand and modernize the transmission grid to accommodate more renewable energy.”
The funds are designated for sustainable projects aligned with the United Nations Sustainable Development Goals, particularly Goals 7 (Affordable and Clean Energy) and 9 (Industry, Innovation, and Infrastructure). These projects are outlined in Amprion’s Green Finance Framework, which complies with the International Capital Market Association’s Green Bond Principles. The framework and bond issuance have been validated by the ESG rating agency Sustainalytics, confirming their adherence to global sustainability standards.
Amprion’s financial strength is further supported by solid investment-grade ratings, with Moody’s rating the company Baa1 and Fitch rating it BBB+, both with stable outlooks. The green bond is expected to receive a Baa1 rating from Moody’s and an A- rating from Fitch.
The transaction was managed by a consortium of banks, including Bayerische Landesbank, Commerzbank, DZ BANK AG, ING, Landesbank Hessen-Thüringen, Landesbank Baden-Württemberg, SEB, and UniCredit, who served as joint lead managers. This strategic initiative by Amprion not only secures essential funding but also reinforces its commitment to sustainability and the green transformation of energy infrastructure.
