The commitment of TSC member TenneT to sustainable financing concepts for investments in the transmission of electricity from offshore wind farms remains steady: The Dutch-German transmission system operator (TSO) yet again has succesfully issued long term green bonds on the Dutch financial market. With two tranches of each €500m, TenneT has underpinned its status as the most important issuer of green debt in the Netherlands.
Altogether eight Dutch and German offshore projects benefit from TenneT’s green financing framework, which the TSO established in 2015. The planned investments in offshore wind energy are expected to total €9 to €11bn over the coming years, presumably resulting in the realisation of connection capacities totalling over at least 15GW in the Dutch and German sectors of the North Sea.
> See TenneT press release (html)