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اقتصاد سكاي نيوز عربية
Takaful Raises $750M Green Bond
Abu Dhabi National Energy Company "Taqa" issued its first-ever green bonds in the Gulf region, valued at $750 million, to finance sustainable water management and wastewater projects. This is the largest issuance of its kind in the region and one of the largest green bond offerings worldwide. Taqa continues to focus its investments on low-carbon water projects and sustainable energy, supported by a strong credit rating (Aa3 from Moody's and AA from Fitch) and a bond yield of 5.125%. This issuance is part of its environmental and sustainability framework, with proceeds allocated to projects aligned with the company's sustainability policies, aiming to enhance water security and achieve sustainable growth in the energy and water sectors within the region.
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