France’s SNCF network has become the first in Europe to finance rail investment through green bonds, after it confirmed in October that 900 million Euros had been raised through its green bond issue.
The bonds have a maturity of 15 years at a rate of 1.104%, and will help fund a strengthening of SNCF’s sustainability strategy.
An annual report, certified by an external auditor, will allow green investors to track their investments and their environmental impact.
SNCF adds that is plans at least one green bond issue each year hence forth.
We've read it in: International Railway Journal, December 2016, p7
