Investors flock to Vattenfall’s second €500 million green bond

Facebook
Twitter
LinkedIn
Reddit
Email
For Vattenfall, the issuance of its second ever green bond follows a move to deploy its first ever floating PV plant in the Netherlands. Image credit: Vattenfall

Swedish energy giant Vattenfall has issued its second €500 million (US$571 million) green senior bond.

The issue was oversubscribed by over six times, the company said, with the proceeds to be used to finance investments in the four eligible categories specified in the Vattenfall’s Green Bond Framework.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The categories – renewable energy and related infrastructure, energy efficiency, electrification of transport and heat, and industrial projects – were also the target of its first green bond, issued last June.

For Vattenfall, the issuance of its second ever green bond follows its enlisting this year of Deutsche Telekom as the 10-year PPA offtaker of a 60MW PV plant in Germany, due to complete in mid-2021.

Across the border in the Netherlands, the Swedish firm is working on a solar-plus-wind-plus-storage hybrid as well as a 1.2MW floating PV plant, its first such development anywhere.

See here to read the story in full, as originally published by PV Tech's sister title Current± 

The prospects and challenges of European solar will take centre stage at Large Scale Solar Europe 2020 (Lisbon, on 31 March-1 April 2020).

25 November 2025
Warsaw, Poland
Large Scale Solar Central and Eastern Europe continues to be the place to leverage a network that has been made over more than 10 years, to build critical partnerships to develop solar projects throughout the region.
2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.
10 March 2026
Frankfurt, Germany
The conference will gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing out to 2030 and beyond.

Read Next

August 7, 2025
US-based floating solar (FPV) developer D3Energy is constructing a 6MW floating solar system in Monroeville – a village in Huron County, Ohio. 
August 6, 2025
The first MW-scale floating solar project in the Philippines has come online, according to solar EPC contractor Black & Veatch.
Premium
August 6, 2025
PV Talk: LevelTen’s Andrés Acosta discusses how an oversupply of clean projects is shaping Europe’s PPA market.
August 6, 2025
A subsidiary of JinkoSolar has filed a lawsuit in Munich accusing LONGi Green Energy and several subsidiaries of infringing on a solar cell manufacturing patent.
August 5, 2025
NextEnergy Capital (NEC), through NextPower V ESG, has acquired a 73MW agriPV portfolio in Campania, Italy.
August 5, 2025
Sonnedix and Prosolia have acquired projects, while Iberdrola has signed a 34MW PPA with Burger King covering 109MW total.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
September 16, 2025
Athens, Greece
Solar Media Events
September 30, 2025
Seattle, USA
Solar Media Events
October 1, 2025
London, UK
Solar Media Events
October 2, 2025
London,UK
Solar Media Events
October 7, 2025
Manila, Philippines