On 13th of February, 2019, Nobina AB, issued its first green bond to finance fossil free buses. The bond was the first green bond linked to the public transport sector in the Nordic region. The transaction has clarified Nobina’s sustainability agenda and will accelerate the transition to a bus fleet operated solely on renewable energy. On February 8, 2021, Nobina AB also took the opportunity to conduct a tap issue related to the initial green bond of an additional SEK 200 million.
Proceeds from Nobina’s green bonds are intended to be used to finance or re-finance, in part or in full, eligible green assets, within the category Clean Transportation:
- Fossil free powered vehicles such as electric or vehicles powered by biofuels
- Charging infrastructure for buses