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.
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