Westpac Raises $360 Millon for Renewable Energy, Green Buildings
This article is for subscribers only.
Westpac Banking Corp. Australia’s fourth-largest lender by assets, raised A$500 million ($360 million) through its first green bond sale to fund renewable-energy projects and low-energy commercial buildings.
The Clean Energy Finance Corp. said it was an investor in the bond, the proceeds of which will finance Westpac’s A$1 billion clean-energy portfolio for projects in Australia, according to a statement Thursday.