Green financing
Through its operations, Fingrid enables the green transition, supports the implementation of Finland’s national energy and climate strategy, and maintains the high quality of the electricity system. Action to mitigate climate change is among Fingrid’s most significant responsibility actions: the main grid provides a platform for a clean power system. By reinforcing the transmission grid for the needs of clean electricity production and consumption, the Company enables Finland to achieve its climate targets.
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, when the company issued its first green bond. under the Green Bond Framework. In 2023 Fingrid published its first Green Finance Framework, and an updated framework in 2026, that enable the company to cover its debt financing entirely with green financing. In addition Fingrid has established a Green Euro-Commercial Paper Programme for short-term 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