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Asian Development Bank Invests $20 Million in AC Energy’s First Climate Bond

The bonds will be listed on Singapore Stock Exchange

February 8, 2019

/ Saumy Prateek
/ Markets & Policy, Solar
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The Asian Development Bank (ADB ) has invested $20 million in the first climate bond issuance of AC Energy, a wholly-owned subsidiary of Ayala Corporation in the Philippines. This will be the first Climate Bond Initiative (CBI) certified US dollar climate bond in Southeast Asia listed on the Singapore Stock Exchange.

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Saumy Prateek

More articles from Saumy Prateek.
AC EnergyADBClimate BondRenewable EnergySingapore Stock ExchangeSoutheast Asia
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