- TagEnergy has successfully launched a green bond amounting to a maximum of €570,000,000.
- The bond proceeds will play a pivotal role in fueling the expansion of the renewable energy portfolio.
TagEnergy, a prominent global clean energy enterprise, has successfully closed a dual currency (AU$ and €) green bond, amounting to a maximum of €570,000,000. The investment comes from Copenhagen Infrastructure Partners (CIP) and GIC, two esteemed investors in the renewable energy sector.
CIP, known for its expertise in greenfield renewable energy investments, is participating through its Green Credit Fund I. GIC, a leading global institutional investor headquartered in Singapore. It is also a key investor in this significant transaction.
This milestone marks a significant achievement for TagEnergy, as the proceeds from the bond issuance will play a pivotal role in fueling the expansion of its renewable energy portfolio. The company aims to develop onshore wind projects, battery energy storage systems (BESS), and solar PV assets across the United Kingdom, Europe, and Australia. The investment will support TagEnergy’s growth strategy in these regions, further solidifying its position as a global renewable energy market player.