Allocation Reporting
Proceeds from the four green bonds went into these project categories.
Allocation report for:
- Green Senior Bond issued in 2018 (XS1901055472),
- Green Subordinated Bonds issued in 2019 (XS2035564975 & XS2035564629)
- Green Subordinated Bond issued in 2021 (XS2381272207)
Out of the proceeds from the 2018 green senior bond issue, 49% was used for new build projects and 51% for refinancing projects already in operation. Of the proceeds from the 2019 Green Subordinated Bond issues, 87% was used for new build projects and 13% for refinancing projects already in operation. 84% of the proceeds from the 2021 green subordinated bond was used for new build projects and the remainder for refinancing existing projects.
Overview of green bonds fund allocation
|
Project category
|
Project name
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
|
Installed capacity (MW)0Rounded figures
|
Generation capacity attributable to the bonds (MW)
|
||||
|---|---|---|---|---|---|---|---|---|
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
2018 Green Senior Bond
|
2019 Green Subordinated Bonds
2019 Green Subordinated Bonds
|
2021 Green Subordinated Bond
2021 Green Subordinated Bond
|
Generation capacity attributable to the bonds (MW)
2018 Green Senior Bond
|
2019 Green Subordinated Bonds
2019 Green Subordinated Bonds
|
2021 Green Subordinated Bond
2021 Green Subordinated Bond
|
|||
|
Project category
OFFSHORE WIND
Germany |
Project name
Hohe See0Projects under construction or development at the time of bond issuance
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
200.0
|
2019 Green Subordinated Bonds
667.7
|
Installed capacity (MW)0Rounded figures
521.9
|
Generation capacity attributable to the bonds (MW)
60.42
|
2019 Green Subordinated Bonds
200.8
| ||
|
Project name
Albatros0Projects under construction or development at the time of bond issuance
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
27.5
|
2019 Green Subordinated Bonds
172.1
|
Installed capacity (MW)0Rounded figures
117.6
|
Generation capacity attributable to the bonds (MW)
8.1
|
2019 Green Subordinated Bonds
50.7
| |||
|
Project category
OFFSHORE WIND
UK |
Project name
Moran & Mona0Projects under construction or development at the time of bond issuance
|
2021 Green Subordinated Bond
269.8
|
Installed capacity (MW)0Rounded figures
1,500.0
|
2021 Green Subordinated Bond
1,500.0
|
||||
|
Project category
Total offshore
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
227.5
|
2019 Green Subordinated Bonds
839.8
|
2021 Green Subordinated Bond
269.8
|
Installed capacity (MW)0Rounded figures
2,139.5
|
Generation capacity attributable to the bonds (MW)
68.2
|
2019 Green Subordinated Bonds
251.5
|
2021 Green Subordinated Bond
1,500.0
|
|
|
Project category
ONSHORE WIND
Germany |
Project name
Fuerth
|
Installed capacity (MW)0Rounded figures
16.5
|
Generation capacity attributable to the bonds (MW)
15.0
| |||||
|
Project name
Freckenfeld
|
Installed capacity (MW)0Rounded figures
19.8
|
Generation capacity attributable to the bonds (MW)
9.8
| ||||||
|
Project name
Langenburg
|
Installed capacity (MW)0Rounded figures
33.5
|
Generation capacity attributable to the bonds (MW)
28.9
|
2019 Green Subordinated Bonds
4.5
| |||||
|
Project name
Winterbach
|
Installed capacity (MW)0Rounded figures
9.9
|
Generation capacity attributable to the bonds (MW)
4.8
| ||||||
|
Project name
Aalen-Waldhausen
|
Installed capacity (MW)0Rounded figures
16.5
|
Generation capacity attributable to the bonds (MW)
8.3
| ||||||
|
Project name
Buchholz III
|
Installed capacity (MW)0Rounded figures
13.2
|
Generation capacity attributable to the bonds (MW)
6.6
| ||||||
|
Project name
Fichtenau
|
Installed capacity (MW)0Rounded figures
9.9
|
Generation capacity attributable to the bonds (MW)
9.9
| ||||||
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Project name
Dünsbach
|
Installed capacity (MW)0Rounded figures
9.9
|
Generation capacity attributable to the bonds (MW)
9.9
| ||||||
|
Project name
Bühlertann
|
Installed capacity (MW)0Rounded figures
13.2
|
Generation capacity attributable to the bonds (MW)
6.6
| ||||||
|
Project name
Dienstweiler
|
Installed capacity (MW)0Rounded figures
4.8
|
Generation capacity attributable to the bonds (MW)
2.4
| ||||||
|
Project name
Homburg
|
Installed capacity (MW)0Rounded figures
9.6
|
Generation capacity attributable to the bonds (MW)
9.6
| ||||||
|
Project name
Hasel
|
Installed capacity (MW)0Rounded figures
9.9
|
2019 Green Subordinated Bonds
4.9
| ||||||
|
Project name
Brettenfeld
|
Installed capacity (MW)0Rounded figures
6.6
|
2019 Green Subordinated Bonds
3.2
| ||||||
|
Project name
Burgholz
|
Installed capacity (MW)0Rounded figures
9.9
|
2019 Green Subordinated Bonds
5.0
| ||||||
|
Project name
Rosenberg Süd
|
Installed capacity (MW)0Rounded figures
6.6
|
2019 Green Subordinated Bonds
3.2
| ||||||
|
Project name
Nonnweiler
|
Installed capacity (MW)0Rounded figures
4.8
|
2019 Green Subordinated Bonds
2.4
| ||||||
|
Project name
Rot am See II
|
Installed capacity (MW)0Rounded figures
3.3
|
2019 Green Subordinated Bonds
3.3
| ||||||
|
Project name
Prötzel I0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
9.0
|
2019 Green Subordinated Bonds
9.0
| ||||||
|
Project name
Rot am See I
|
Installed capacity (MW)0Rounded figures
9.9
|
2019 Green Subordinated Bonds
9.7
| ||||||
|
Project name
Webenheim
|
Installed capacity (MW)0Rounded figures
6.2
|
2019 Green Subordinated Bonds
3.1
| ||||||
|
Project name
Boxberg-Angeltürn
|
Installed capacity (MW)0Rounded figures
12.0
|
Generation capacity attributable to the bonds (MW)
10.6
| ||||||
|
Project name
Boxberg-Bobstadt
|
Installed capacity (MW)0Rounded figures
12.0
|
Generation capacity attributable to the bonds (MW)
10.6
| ||||||
|
Project name
Harthäuser Wald (Extension)
|
Installed capacity (MW)0Rounded figures
12.0
|
Generation capacity attributable to the bonds (MW)
10.2
| ||||||
|
Project name
Königheim
|
Installed capacity (MW)0Rounded figures
6.0
|
Generation capacity attributable to the bonds (MW)
5.7
| ||||||
|
Project name
Oberramstadt
|
Installed capacity (MW)0Rounded figures
8.4
|
2021 Green Subordinated Bond
3.6
|
||||||
|
Project name
Hüttersdorf0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
6.6
|
2021 Green Subordinated Bond
2.9
|
||||||
|
Project name
Tantow0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
10.8
|
2021 Green Subordinated Bond
5.4
|
||||||
|
Project name
Königsbronn
|
Installed capacity (MW)0Rounded figures
3.5
|
2021 Green Subordinated Bond
1.5
|
||||||
|
Project name
Prötzel V
|
Installed capacity (MW)0Rounded figures
18.0
|
2021 Green Subordinated Bond
18.0
|
||||||
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Project name
Obhausen
|
Installed capacity (MW)0Rounded figures
36.0
|
2021 Green Subordinated Bond
36.0
|
||||||
|
Project name
Krautheim
|
Installed capacity (MW)0Rounded figures
12.6
|
2021 Green Subordinated Bond
12.4
|
||||||
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Project category
ONSHORE WIND
Sweden |
Project name
Röbergsfjället Vind
|
Installed capacity (MW)0Rounded figures
16.0
|
2019 Green Subordinated Bonds
16.0
| |||||
|
Project name
Bliekevare Vind
|
Installed capacity (MW)0Rounded figures
32.0
|
2019 Green Subordinated Bonds
32.0
| ||||||
|
Project name
Säliträdberget Vind
|
Installed capacity (MW)0Rounded figures
16.0
|
2019 Green Subordinated Bonds
16.0
| ||||||
|
Project name
Hedbodberget Vind
|
Installed capacity (MW)0Rounded figures
10.0
|
2019 Green Subordinated Bonds
10.0
| ||||||
|
Project name
Granberg Vind
|
Installed capacity (MW)0Rounded figures
10.0
|
2019 Green Subordinated Bonds
10.0
| ||||||
|
Project name
Brahehus Vind
|
Installed capacity (MW)0Rounded figures
11.5
|
2019 Green Subordinated Bonds
11.5
| ||||||
|
Project name
Gnosjö Energie / Kulltorp
|
Installed capacity (MW)0Rounded figures
10.0
|
2019 Green Subordinated Bonds
10.0
| ||||||
|
Project name
Rammarehemmet
|
Installed capacity (MW)0Rounded figures
12.6
|
2021 Green Subordinated Bond
12.6
|
||||||
|
Project category
Total onshore
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
233.3
|
2019 Green Subordinated Bonds
142.4
|
2021 Green Subordinated Bond
83.1
|
Installed capacity (MW)0Rounded figures
479.0
|
Generation capacity attributable to the bonds (MW)
143.9
|
2019 Green Subordinated Bonds
153.8
|
2021 Green Subordinated Bond
92.4
|
|
|
Project category
SOLAR (PV)
Germany |
Project name
Braunsbach-Zottish.0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
0.8
|
Generation capacity attributable to the bonds (MW)
0.7
| |||||
|
Project name
Berghülen
|
Installed capacity (MW)0Rounded figures
2.7
|
Generation capacity attributable to the bonds (MW)
1.3
| ||||||
|
Project name
Eggesin
|
Installed capacity (MW)0Rounded figures
10.0
|
Generation capacity attributable to the bonds (MW)
10.0
| ||||||
|
Project name
Tuningen
|
Installed capacity (MW)0Rounded figures
4.5
|
Generation capacity attributable to the bonds (MW)
4.3
| ||||||
|
Project name
Löffingen0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
2.7
|
Generation capacity attributable to the bonds (MW)
2.7
| ||||||
|
Project name
Ingoldingen0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
4.4
|
Generation capacity attributable to the bonds (MW)
2.4
| ||||||
|
Project name
Müssentin0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
9.3
|
Generation capacity attributable to the bonds (MW)
9.3
| ||||||
|
Project name
Torgau0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
4.9
|
Generation capacity attributable to the bonds (MW)
4.9
| ||||||
|
Project name
Riedlingen-Zwiefaltendorf0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
5.2
|
Generation capacity attributable to the bonds (MW)
2.2
| ||||||
|
Project name
Inzigkofen0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
7.5
|
2019 Green Subordinated Bonds
6.7
| ||||||
|
Project name
Leibertingen 20Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
5.0
|
2019 Green Subordinated Bonds
4.4
| ||||||
|
Project name
Birkenfeld0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
5.8
|
2019 Green Subordinated Bonds
5.8
| ||||||
|
Project name
Lindendorf0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
6.9
|
2019 Green Subordinated Bonds
6.9
| ||||||
|
Project name
Weesow-Willmersdorf0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
187.0
|
2021 Green Subordinated Bond
93.5
|
||||||
|
Project name
Alttrebbin0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
151.2
|
2021 Green Subordinated Bond
49.9
|
||||||
|
Project name
Gottesgabe0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
152.6
|
2021 Green Subordinated Bond
76.3
|
||||||
|
Project name
Maßbach0Projects under construction or development at the time of bond issuance
|
Installed capacity (MW)0Rounded figures
28.0
|
2021 Green Subordinated Bond
13.2
|
||||||
|
Project category
Total solar (PV)
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
27.6
|
2019 Green Subordinated Bonds
14.3
|
2021 Green Subordinated Bond
132.9
|
Installed capacity (MW)0Rounded figures
588.2
|
Generation capacity attributable to the bonds (MW)
37.8
|
2019 Green Subordinated Bonds
23.7
|
2021 Green Subordinated Bond
232.9
|
|
|
Project category
Expansion of fast charging infrastructure
|
Project name
2018: 123 charging points at 89 locations on the German autobahn network
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
8.1
| ||||||
|
Project name
2021: 450 charging points at 242 locations
|
2021 Green Subordinated Bond
12.5
| |||||||
|
Project category
Total
|
Capital expenditure attributable to the bonds (€m, per category)0Rounded figures
496.4
|
2019 Green Subordinated Bonds
996.5
|
2021 Green Subordinated Bond
498.3
|
Installed capacity (MW)0Rounded figures
3,206.7
|
Generation capacity attributable to the bonds (MW)
250.0
|
2019 Green Subordinated Bonds
429.1
|
2021 Green Subordinated Bond
1,825.4
|
|
As of 31 December 2021
Allocation reporting
- Green Subordinated Bond issued in 2020 (XS2196328608)
Proceeds of this bond have been used to refinance the acquisition of Groupe Valeco in 2019. Groupe Valeco is a French project developer that builds and operates wind and PV projects
|
Project category
|
Project name
|
Capital expenditure attributable to the bond (€m, per category)0Rounded figures
|
Installed capacity (MW)0Rounded figures
|
Generation capacity attributable to the bonds (MW)0Rounded figures
|
|---|---|---|---|---|
|
Project category
ONSHORE WIND
France |
Project name
Refinancing of the acquisition of Groupe Valeco in 2019 |
Capital expenditure attributable to the bond (€m, per category)0Rounded figures
494.75 |
Installed capacity (MW)0Rounded figures
426.9
|
Generation capacity attributable to the bonds (MW)0Rounded figures
264.3
|
|
Project category
SOLAR (PV)
France |
Installed capacity (MW)0Rounded figures
89.0
|
Generation capacity attributable to the bonds (MW)0Rounded figures
78.4
|
As of 31 December 2021