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May 22, 2015

Bank Of America Announces $600 Million Green Bond


On May 14, 2015, Bank of America (BoA) announced that it has issued a $600 million bond to fund renewable energy and energy efficiency projects. This is the second time that BoA has offered green energy bonds. In 2013, BoA issued $500 million in green bonds after pledging to commit $50 billion over ten years to advance renewable energy and promote energy efficiency projects. The new $600 million bond will advance low-carbon solutions by lending, investing, facilitating capital, and providing advice for clients globally who are advancing the low-carbon economy.