Certification

The Climate Bonds Standard and Certification Scheme is a labelling scheme for bonds, loans & other debt instruments. Rigorous scientific criteria ensure that it is consistent with the goals of the Paris Climate Agreement to limit warming to under 2 degrees. The Scheme is used globally by bond issuers, governments, investors and the financial markets to prioritise investments which genuinely contribute to addressing climate change.

 

Alpha Trains

 

 

In January 2017 Alpha Trains Group, the largest private operating lessor of passenger trains and locomotives in Continental Europe, completed the world´s first green private placement by a leasing company in the rolling stock sector. The Company raised €250m to refinance debt associated with the acquisition of 63 modern electric multiple unit train sets equipped with environmental friendly and energy efficient technology which reduces energy consumption within passenger transportation.

In October 2019, they issued again, a mix of private placement notes and a loan.

 

DATE OF ISSUE TYPE OF INSTRUMENT SIZE COUNTRY OF ISSUE CBI SECTOR CRITERIA VERIFIER'S REPORT ANNUAL REPORT FURTHER INFORMATION
December 2016 Use of proceeds bond EUR 250m (USD 264m) Luxembourg Low Carbon Transport 

Sustainalytics pre issuance report

post issuance report

Annual Report 2016

Annual Report 2017

Alpha Trains press release

Second-Party Opinon

Climate Bonds blog

ING press release

October 2019 Mix of private placement notes and loan EUR 340m (USD 377m) Luxembourg Low Carbon Transport 

pre issuance verification

post issuance report

 

press release

Green Financing Framework