Renewable Energy

AES Tietê receives recertification of Green Bonds in 2020

T&B Petroleum/Press Office
09/07/2020 18:44
Visualizações: 1202 (0) (0) (0) (0)

AES Tietê reaffirmed the certification of Green Bonds (green debentures) in 2020 through the seal of the Climate Bonds Initiative (CBI), an international organization that promotes the bond market for investments in solutions on climate change, having socio-environmental performance assessed by SITAWI Well and check from VigeoEiris. With this, the company achieves this certification for the second consecutive year.

 

Green debentures are debt securities whose resources are used to finance projects linked to sustainability, such as renewable energy infrastructure projects, which bring benefits to the environment and contribute to mitigating the effects of climate change and the use of natural resources, among them reducing emissions.

 

Institucional

 

In 2019, AES Tietê became the first Brazilian company to issue green bonds of solar project in Brazil, which resulted in the raising of R $ 820 million, the proceeds of which were allocated to the construction of the Guaimbê and Ouroeste solar plants, being the first major investments in solar energy in the state of São Paulo.

 

Good governance practices and constant monitoring of GBP (Green Bond Principals) indicators were essential for this recertification. These indicators show compliance with labor, environmental, regulatory, financial and good conduct standards with the community, ensuring that the resources allocated are aligned with the GBP's eligibility specifications, as well as with good international practices.

 

"This pioneering spirit combined with management with sustainable practices reinforces AES Tietê's commitment to global corporate governance parameters and its alignment with ESG (Environmental, Social and Governance) practices," said Clarissa Sadock, Vice President and Investor Relations Director.

 

The company's pioneering spirit was a milestone in the Brazilian green finance market as it further encouraged investments for sustainable development in the country.

Most Read Today
see see
Sergipe Oil & Gas 2025
Sergas Participates in Sergipe Oil & Gas 2025 with Focus...
23/07/25
Sergipe Oil & Gas 2025
Fourth Edition of Sergipe Oil & Gas Highlights State’s R...
23/07/25
RD&I
ANP Holds Workshop on Private Equity Investment Fund (FIP)
23/07/25
Campos Basin
Petrobras announces Approval of the Production Individua...
23/07/25
ADIPEC 2025
ADIPEC 2025 Technical Conferences achieve record submiss...
22/07/25
People
BCCK names Andres Martinez as business development manager
21/07/25
Fenasucro
Brazil Holds Global Leadership in Renewable Cogeneration...
21/07/25
Results
Revap Achieves Historic Records in H1 with S10 Diesel an...
21/07/25
Solar Energy
Transpetro Inaugurates Solar Plant to Supply the Belém T...
21/07/25
Company News
Strohm completes successful field trials for Petrobras
16/07/25
Natural Gas
Gasmig: 39 Years of Energy, Innovation, and Commitment t...
16/07/25
Sustainability
Foresea earns Social Seal and reports significant result...
11/07/25
Results
Oil and Gas Sector Leads Dividend Distribution in 2024 w...
10/07/25
Natural Gas
Comgás Receives 41 Proposals in Public Call for Natural ...
10/07/25
People
Lucas Mota de Lima Appointed Executive Manager of ABPIP
10/07/25
Biomethane
Presidente Prudente (SP) Begins R$12 Million Biomethane ...
10/07/25
E&P
Hitachi Energy to evaluate electrification of offshore p...
10/07/25
Digitalization
TGS and Equinor Collaborate to Drive Digital Transformat...
10/07/25
People
Julia Cruz Appointed as New Secretary of Green Economy, ...
03/07/25
Sustainability
ABB among TIME’s World’s Most Sustainable Companies
03/07/25
Biofuels
Brazil Can Lead the Decarbonization of International Tra...
03/07/25
VEJA MAIS
Newsletter TN

Contact us

We use cookies to ensure you have the best experience on our website. If you continue to use this site, we will assume that you agree with our Privacy Policy, terms of use and cookies.