CPPIB to issue green bonds to fund renewables investing
Canada Pension Plan Investment Board (CPPIB) plans to issue an inaugural green bond. The initiative, the first by a pension fund, CPPIB said, will provide additional funding for increasing holdings in renewables and energy-efficient buildings. Any green bonds issued in Canada will be issued on a private placement basis and only to certain qualified accredited investors. CPPIB has over the past year announced plans to invest more than $3 billion in the renewable energy sector.
11 June 2018•3 mins read
