I’m in Cambodia, visiting the amazing Ankgor Wat, ancient religious centre of a city that apparently had a population of half a million people(link is external) in 1200 AD. The temple’s bas-reliefs(link is external) are full of triumphal armies, marching through exquisite carvings of trees and forests. They liked their green. We haven’t yet …
[Climate Bonds] This week’s $54.4m, BBB+, 13yr solar rooftop lease securitization bond was a ground-breaking success
This week’s $54.4m, BBB+, 13yr solar rooftop lease securitization bond was a ground-breaking success Posted on 16. Nov, 2013 by Sean Kidney in blog, Climate Bonds, Green Bonds,Securitisation Market, Solar Energy, United States Last week we blogged that SolarCity and credit suisse were about to issue a new $54.4 million, climate bond – a rooftop solar lease securitization. It’s out: BBB+, 4.8%, …
[Climate Bonds] MidAmerican to issue second Topaz bond – $250m BBB 26yr
Reuters reports that MidAmerican Energy is expected to soon issue a second tranche of its Topaz solar bond. MidAmerican is owned by Warren Buffet’s Berkshire Hathaway (does this give the bond a halo effect)? Barclays Capital, Citi and Royal Bank of Scotland are underwriting. The first Topaz bond was for …