SSE Green Bond
In September 2017, SSE launched its €600m Green Bond – the largest issued by a UK company. The proceeds from SSE’s eight-year Green Bond have been allocated to refinancing part of SSE’s £1.1bn portfolio of eligible projects of onshore wind farms in the UK and Ireland.
These eligible projects are listed in SSE’s Green Bond Framework, which also sets out SSE’s Green Bond Principles. A commitment was given to update investors each year on the allocation of proceeds and environmental impact from the Bond. SSE’s Green Bond report 2018 is its first annual Green Bond update to investors. The allocation to specific eligible green projects has been independently assured by PwC LLP.