A stellar month for Green Bonds in November

November was an exceptional month for Green Bonds, with 7 new bonds listing on LSE (raising USD 3.5 billion), more than any other exchange. This brings the total number of green bonds listed on our markets as of end of November to 59, with USD 20.2 billion equivalent raised.
This month has also seen a series of ‘firsts’ all coming at a time when the world has been focused on Climate Change at the United Nation’s COP23:

  • Westpac Banking Corp, Australia’s oldest bank, chose London for its landmark green bond issuance and listed their first international green bond on November 22, with a value of EUR 500 million.
  • Barclays sold its debut green bond, an incredibly pioneering transaction using data publicly available in the UK to identify green mortgages, and the first ever green bond issued by a UK bank.
  • On November 24, we saw the first green senior bond issued by the Danish energy powerhouse Orsted (EUR 750 million), part of a EUR 1.25 billion dual tranche transaction encompassing both senior and hybrid notes.
  • Toyota Motor Credit issued a EUR 600 million bond on November 21, their first euro-denominated bond in 2 years.
  • Fingrid OYJ, the Finnish national electricity transmission grid operator, listed their first green bond on November 23 with a value of EUR 100 million.
  • Rounding up the month’s activity were two impressive issuance from Bazalgette Finance, also operating under the name Tideway. The issuer priced a GBP 250 million green bond and a GBP 200 million private placement on two consecutive days, becoming the largest corporate issuer of sterling denominated green bonds to date.

Overall, there has been a 57% growth in green bonds listed on London Stock Exchange in one year (from 14 to 22 new bonds listed) and a 58% increase in amount raised (USD 9bn raised in 2017 YTD vs. USD 5.7bn in 2016).

Green finance is growing fast and London Stock Exchange Group is proud to be at the epicentre of this defining global trend. We are looking forward to a strong finish to the year, as we look ahead to another exciting year in 2018.

More recent

Voluntary carbon market: supporting direct investment on the path to net zero

By: Julia Hoggett - CEO, London Stock Exchange plc

I always say that capital markets exist to bring together those who have capital with those who need capital in service of an objective. There can be no more pressing objective in our lifetimes than the just transition to net zero. To mobilise the financing needed to get there, we

Learn more
London Stock Exchange Partners with TreasurySpring

The London Stock Exchange has partnered with TreasurySpring to offer issuers an opportunity to access sustainable short term funding in addition to the range of funding options offered by our listing business.

The London Stock Exchange continues to further its vision of serving customers across the funding continuum, encouraging innovation and reaffirming its commitm

Learn more
VH Global Sustainable Energy Opportunities: investing in the world’s energy transition

Listed in February 2021

Market: Premium Segment of Main Market

Strategy: Investment in sustainable energy infrastructure


For Anthony Catachanas, Founding Partner and CEO at Victory Hill Capital Advisord LLP, investment adviser to VH Global Sustainable Energy Opoortunities plc, London’s listed investment funds market is uniquely suited to

Learn more
Life Science REIT: enabling investment in the real estate of life sciences

Listed in November 2021

Market: AIM

Strategy: Investment in Life Sciences Property

For more than 150 years, investors have looked to London’s investment funds market as a rich source of innovative growth and income opportunities. Last year, Life Science REIT became the first real estate investment trust focused on UK life science properties to list on the London

Learn more