TenneT Green Bond Leader

TenneT reinforces its status as the largest green bond issuer in Europe with a new €3 billion issue.

Share:

Gain full professional access to energynews.pro from 4.90$/month.
Designed for decision-makers, with no long-term commitment.

Over 30,000 articles published since 2021.
150 new market analyses every week to decode global energy trends.

Monthly Digital PRO PASS

Immediate Access
4.90$/month*

No commitment – cancel anytime, activation in 2 minutes.

*Special launch offer: 1st month at the indicated price, then 14.90 $/month, no long-term commitment.

Annual Digital PRO Pass

Full Annual Access
99$/year*

To access all of energynews.pro without any limits

*Introductory annual price for year one, automatically renewed at 149.00 $/year from the second year.

TenneT reinforces its status as the largest green bond issuer in Europe with a new €3 billion issue.

A renewed success

TenneT says the transaction is divided into four tranches of €650 million, €500 million, €1000 million and €850 million. The terms are 6 years, 9.5 years, 12 years and 20 years respectively. Finally, the coupons are 3.875%, 4.250%, 4.500% and 4.750% respectively.

TenneT is supported by ABN AMRO, Deutsche Bank, HSBC, ING, Rabobank and SMBC. Thus, Arina Freitag, CFO of TenneT, states:

“This decade will require record investments in security of supply and expansion of renewable energy in Germany, the Netherlands and Europe. It is the backbone of the energy transition and a key success factor for our industries. As one of the largest investors in Europe, we are deeply committed to making a significant contribution to this profound transformation. This is also reflected in our financial strategy.

Green finance will play an increasing role in banking strategy in the future.

Increased connection capacities

The proceeds will be used to invest in green energy transmission projects in the Netherlands and Germany. The projects will focus on connecting large-scale offshore wind farms to the onshore power grid. In addition, they will be involved in onshore transmission investments aimed at increasing the transmission of renewable energy.

In the next few years, TenneT will build 4,000 kilometers of terrestrial network connections in Germany and 1,250 kilometers in the Netherlands. By 2030, the company plans to achieve 40GW of installed connection capacity for offshore wind farms. The company focuses in particular on the Dutch and German parts of the North Sea.

Eskom forecasts a load-shedding-free summer after covering 97% of winter demand, supported by 4000 MW added capacity and reduced operating expenses.
GE Vernova will cut 600 jobs in Europe, with the Belfort gas turbine site in France particularly affected, amid financial growth and strategic reorganisation.
Orazul Energy Perú has launched a public cash tender offer for all of its 5.625% notes maturing in 2027, for a total principal amount of $363.2mn.
SOLV Energy expands its nationwide services in the United States with the acquisitions of Spartan Infrastructure and SDI Services, consolidating its presence across all independent power markets.
Tokenised asset platform Plural secures $7.13mn to accelerate financing of distributed infrastructure including solar, storage, and data centres.
Santander Alternative Investments has invested in Corinex to accelerate the deployment of its smart grid solutions, aiming to address growing utility needs in Europe and the Americas.
Driven by grid modernisation and industrial automation, the global control transformer market could reach $1.48bn in 2030, with projections indicating steady growth in energy-intensive sectors.
A report from energy group Edison highlights structural barriers slowing renewable deployment in Italy, threatening its ability to meet 2030 decarbonisation targets.
ADNOC Group CEO Dr Sultan Al Jaber has been named 2025 CEO of the Year by his global chemical industry peers, recognising his role in the company’s industrial expansion and international investments.
Swedish renewable energy developer OX2 has appointed Matthias Taft as its new chief executive officer, succeeding Paul Stormoen, who led the company since 2011 and will now join the board of directors.
Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.
Australian Oilseeds Holdings was granted a deadline extension until 30 September to comply with the Nasdaq’s equity requirements, avoiding immediate delisting from the exchange.
Fermi America has closed $350mn in financing led by Macquarie to accelerate the development of its HyperGrid™ energy campus, focused on artificial intelligence and high-performance data applications.
Soluna Holdings launched two energy projects in Texas, reaching one gigawatt of cumulative capacity for its data centres, marking a new stage in the development of computing infrastructure powered by renewable energy.
Eneco’s Supervisory Board has appointed Martijn Hagens as the next Chief Executive Officer. He will succeed interim CEO Kees Jan Rameau, effective from 1 March 2026.
With $28 billion in planned investments, hyperscaler expansion in Japan reshapes grid planning amid rising tensions between digital growth and infrastructure capacity.
The suspension of the Revolution Wind farm triggers a sharp decline in Ørsted’s stock, now trading at around 26 USD, increasing the financial stakes for the group amid a capital increase.
Hydro-Québec reports net income of C$2.3 billion in the first half of 2025, up more than 20%, driven by a harsh winter and an effective arbitrage strategy on external markets.
French group Air Liquide strengthens its presence in Asia with the acquisition of South Korean DIG Airgas, a key player in industrial gases, in a strategic €2.85 billion deal.
The Ministry of Economy has asked EDF to reconsider the majority sale agreement of its technology subsidiary Exaion to the American group Mara, amid concerns related to technological sovereignty.

Log in to read this article

You'll also have access to a selection of our best content.