Orsted has secured investor commitments for an aggregate amount of nominal €900m and £950m (€1,103m) through the issuance of green senior bonds to finance its global build-out of renewable energy.
The funding will be instrumental in reaching its green growth ambition of reaching 50GW of installed capacity by 2030, the Danish developer said.
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Orsted said the package comprised a €900m fixed-rate tranche with maturity in 2031.
It also included a £375m fixed-rate tranche with maturity in 2034, and a £575m fixed-rate tranche with maturity in 2042.
All bonds are issued as green bonds in accordance with Orsted’s green finance framework.