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Green Bonds to Top $9 Billion on Buffett’s MidAmerican Boost

Green bond sales are set for a record year as investors in clean-power and climate projects seek long-term gains from the securities.

With $6.03 billion of bonds sold since January, the securities are on course to surpass $9 billion this year, beating the record $7.5 billion sold in 2010, according to data compiled by Bloomberg. Issues include $1 billion by MidAmerican Solar, a subsidiary of Warren Buffett-controlled Berkshire Hathaway’s Mid-American Energy Holdings Co., to build and operate the Solar Star projects in California. The European Investment Bank has sold $1.3 billion of green bonds this year.