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Home » Finance » Iberdrola Raises AUD 750 Million Through “Kangaroo” Green Bonds for Australian Renewable Energy Projects
Finance

Iberdrola Raises AUD 750 Million Through “Kangaroo” Green Bonds for Australian Renewable Energy Projects

By Thomas KnightNovember 21, 20241 Min Read
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Credit: Iberdrola
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Spanish utility Iberdrola SA has successfully raised AUD 750 million (USD 489.8 million/EUR 462.4 million) through the issuance of "kangaroo" green bonds in Australia. The proceeds will be used to fund the company’s renewable energy projects in the country. The bond issuance attracted strong investor interest, with total demand reaching AUD 2.1 billion, oversubscribed by

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