GREEN BONDS Home Investors Debt and rating Sustainable finance Green Bonds Share A green bond is a bond intended to finance (or refinance) projects which make a positive and significant contribution to the environment Terna is actively involved in developing sustainable finance on both a national and international scale, with the aim of fully integrating the concept of sustainability into its financial strategy. This commitment has been consolidated with the issue of green bonds to finance or refinance “Eligible Green Projects”. These are projects with environmental benefits which meet the criteria (use of income from the issue, project selection and evaluation process, management of income from the issue, reporting) listed in the Green Bond Framework published by Terna, in compliance with the “2021 Green Bond Principles” drawn up by the ICMA (International Capital Market Association). LATEST ISSUES GREEN BOND 1 16 JULY 2018 Terna launches its first green bond issue for € 750 million. The issue, which was very well received on the market, has a duration of 5 years and will pay a coupon of 1%. TAP GREEN BOND 1 10 JANUARY 2019 Terna launches a euro-denominated green bond issue, in the form of a private placement for a total of € 250 million to reopen the bond issued to the market in July 2018. GREEN BOND 2 3 APRIL 2019 Terna issues a new € 500 million green bond. The issue, which was very successful on the market, with a demand of about 7 times the supply, has a duration of 7 years and will pay a coupon of 1%. GREEN BOND 3 17 JULY 2020 Terna issues its third € 500 million green bond. The issue will have a tenor of 12 years and an actual rate of 0.78%, the lowest ever amongst Italian corporates, for a green bond and, in general, for issues over 10 years. GREEN BOND 4 16 JUNE 2021 Terna launches a new green bond issue for € 600 million. The issue, which was very well received on the market with a demand of about 4 times the supply, has a duration of 8 years and will pay a coupon of 0.375%. Green Bond Framework Green Bond Framework Terna – June 2021 Green Bond Framework Terna – July 2020 Green Bond Framework Terna Inaugural Green Bond presentation Second Party Opinion Second Party Opinion – June 2021 Second Party Opinion – July 2020 Second Party Opinion – April 2019 Second Party Opinion – January 2019 Second Party Opinion – July 2018 Green Bond Report Green Bond Report 2020 Green Bond Report 2019 Green Bond Report 2018 TERNA IS THE FIRST GRID OPERATOR FOR ELECTRICITY TRANSMISSION IN EUROPE. WE PROMOTE THE ENERGY TRANSITION AND SUSTAINABLE DEVELOPMENT BY FOCUSING ON PEOPLE AND INNOVATION. We work every day to build an atmosphere of dialogue and trust in local areas, to which we bring a vital asset for everyone’s economic and social lives: electricity. > FIND OUT MORE Useful links CALENDAR GENERAL ARCHIVE CERT REAL ESTATE ASSETS ACCESSIBILITY PRIVACY COOKIE DECLARATION LEGAL NOTICE INSERT CV Portals PURCHASES SUPPLIERS QUALIFICATION GAUDI GSTAT ENERGY DISTRIBUTORS MY TERNA TITOLARI RTN OUR SITES: OPEN AND TRANSPARENT SETTLEMENT CERTIFICATION WHISTLEBLOWING TERNA PLUS TERNA S.p.A. - Capitale sociale € 442.198.240 interamente versato - Sede Legale in Italia, Viale Egidio Galbani, 70 - 00156 Roma - Tel +39 06 83138111 Registro delle Imprese di Roma - Codice fiscale e Partita IVA 05779661007 - R.E.A. di Roma 922416