Examples of Green Bond Framework in a sentence
Granite intends to use its available liquidity to fund completed and potential acquisitions of properties, to finance or refinance expenditures associated with Eligible Green Projects (as described in the Granite Green Bond Framework, which is available on Granite’s website), for commitments under existing development projects and for general trust purposes.
As at December 31, 2022, Granite has allocated a total of $862.3 million of net Green Bond proceeds to Eligible Green Projects, as defined in Granite’s Green Bond Framework, representing 100% and 73.5% of the net proceeds of the 2027 Green Bond and the 2028 Green Bond, respectively.
This was the Renewable Energy Group’s inaugural “green bond” offering, with the debentures being issued under the APCo Green Bond Framework, which was adopted in January 2019.
As at December 31, 2023, Granite has allocated a total of $1,161.3 million of net Green Bond proceeds to Eligible Green Projects, as defined in Granite’s Green Bond Framework, representing 100%, 100% and 42.0% of the net proceeds of the 2027 Green Bond, the 2028 Green Bond and the 2029 Green Bond respectively.
This state-of-the-art distribution facility, expected to be completed in the first quarter of 2024, will have 40’ clear heights and will obtain third-party green building certification in accordance with Granite’s Green Bond Framework.