A green bond is a type of financial instrument that raises capital for projects that have a positive impact on the environment.^[1] RWE, a leading supplier of renewable energy, recently issued a $2 billion green bond to finance sustainable projects, specifically renewable energy projects. The bond was oversubscribed by 3.8 times, indicating high demand from investors. RWE plans to use the proceeds from the bond to expand its renewable energy capacity, particularly in the US market, where it has more than doubled its net installed capacity since 2020 to 9 gigawatts. The company aims to invest €20 billion by the end of this decade in onshore and offshore wind, solar, and battery storage projects. This move is part of RWE’s broader strategy to contribute to the success of the energy transition and the decarbonization of the energy system.

^[1] https://www.investopedia.com/terms/g/green-bond.asp