Abu Dhabi state utility Taqa announced on 18 April that it had raised $1.5bn via two bonds.

The firm’s first ever “green bond” saw $1bn in 10-year notes priced at 4.696%. “Net proceeds of the issuance will be used to finance, refinance and invest in relevant eligible green projects, as outlined in the company’s Green Finance Framework,” Taqa says. (CONTINUED - 107 WORDS)