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Solar power developer Faro Energy issues Brazil's first sustainable bond

Reuters    Translate This Article
21 February 2020

On 21 February 2020 Reuters reported: London-based solar power developer Faro Energy has issued Brazil's first so-called sustainable bond through its unit in Brazil, aiming to finance solar energy and an education project for public school students. Moody's expects green, social, and sustainable bond issuance to jump 24 percent worldwide this year, to $400 billion, as a growing number of investors start to integrate environmental, social, and governance metrics to their portfolios. Global Good News service views this news as a sign of rising positivity in the fields of business and science, documenting the growth of life-supporting, evolutionary trends.

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