Shareholders and investors

Shareholders and investors

Green Framework

In line with our objective of providing a sustainable and secure supply of electricity to society, Red Eléctrica has established its green finance framework under which Red Eléctrica intends to issue Green Finance Instruments to finance and/or refinance projects promoting environmental progress.

Red Eléctrica’s green finance framework is aligned with ICMA Green Bond Principles 2018 and LMA Green Loan Principles 2018. Furthermore, eligible projects are aligned with draft EU taxonomy.

By establishing its green finance framework, Red Eléctrica intends:

  • Align its funding strategy with its sustainability strategy and its commitment to decarbonisation of the economy
  • Align itself with the Spanish National Integrated Energy and Climate Plan (2021-2030) by investing heavily in the network to increase the share of renewable energy in the system and contribute to the transformation of the Spanish economy
  • Contribute to the development of the green bond market and to the growth of impact investing linked to the UN Sustainable Development Goals (UN SDGs)
  • Diversify investor base targeting SRI and dark green investors and broaden dialogue to existing investors

 

pdf Green Finance Framework (PDF | 307 KB)

pdf Red Electrica Green Finance Framework Second Party Opinion (PDF | 548 KB)