Green financing
Fingrid has long been engaged in purposeful work to enhance Finland’s competitiveness and promote the green transition. Corporate responsibility is an essential aspect of Fingrid’s business and value-creation for society and its various operators. Climate change mitigation and Finland’s target of becoming carbon neutral by 2035 are the company’s key commitments to sustainable development.
Fingrid uses green financing to develop and expand the main electricity grid, enabling the transition to a clean electricity system. The company has used green financing to finance investment projects since 2017 (Green Bond). In summer 2023 Fingrid has established a Green Finance Framework and a Green Euro-Commercial Paper Programme that enable the company to cover its debt financing entirely with green financing.
News and Press releases related to Green financingFingrid issues a EUR 500 million green bond, published 27 November 2024 Fingrid Oyj has increased the amount of its sustainability-linked revolving credit facility, published 9 September 2024 Fingrid issued a EUR 500 million green bond, published 13 March 2024 Fingrid to increase its use of green financing, published 4 September 2023 Fingrid Oyj signs a EUR 300 million sustainability linked Revolving Credit Facility, published 1 December 2021 NIB continues cooperation with Fingrid to strengthen the Finnish grid, published 17 November 2021 Fingrid receives an award from the Climate Bonds Initiative, published 15 May 2018 Fingrid has issued a EUR 100 million Green Bond, published 23 November 2017 |
Details
Jussi Pohjanpalo
Chief Financial Officer
tel. +358 (0)30 395 5176