German Credit Bank issued 500 million euros of green bonds
German Credit Bank (DKB,) will launch a € 500 million worth of medium-term green bonds, it specializes in providing funding for solar and wind power projects in Germany.
DKB CEO Stefan Unterlandst ttner said:?. "Green bond pool to provide special financing for the German onshore solar and wind power projects, which will be issued by the German commercial bank upfront green bonds"
This debt is issued next step of our business model. Our portfolio includes providing up to 90 billion euros of financing for renewable energy projects. DKB also include the sustainability of the loan portfolio worth 30 billion euros of financing.
DKB plans to use the issue to broaden the diversity of our financing in the capital market, to lay the foundation for other major capital flows.