Powerco Limited

Powerco's Green Loan - RCF

Borrower(s)
Powerco Limited
Industry
Power/Electricity transmission
Area of finance
Project & Infrastructure Finance
Region
Australasia
Australasia
Countries
New Zealand

Deal Overview

Powerco is New Zealand’s second largest regulated electricity and gas distributor with a defined franchise area in the North Island, servicing ~465,000 customers (352,000 electricity and 113,000 gas customers). Powerco raised its first green loan under the Climate Bonds Initiative (CBI)...

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Deal Volume
$212.24m
Financial Close
19/07/2024
Dealmakers
Sources
Submitted by participant(s),

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Tranches

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Project Deals

Powerco's Electricity and Gas Distribution Network
$211m
Brownfield
Electricity transmission
Australasia
Australasia
New Zealand