Teollisuuden Voima Oyj’s Green Bond Report 2024 published
Teollisuuden Voima Oyj (TVO) issued in 2024 two bonds aligned with the Green Finance Framework. The proceeds of the bonds were used to finance or refinance projects in accordance with the Framework.
In May 2024, TVO issued a seven-year green bond of EUR 600 million under the company’s EMTN debt programme. And in October 2024, TVO issued a five-year EUR 90 million green Private Placement bond.
- The funds obtained from the issues were used for projects related to environmentally friendly electricity production at the Olkiluoto 3 plant unit in Olkiluoto. Electricity produced with nuclear power supports the objectives of the Paris Climate Agreement in a significant manner and promotes the UN’s important goals of sustainable development, explains Joni Juuri, SVP of Finance for TVO.
TVO’s Green Bond Report 2024 and the independent Assurance Report are available in English on the website of TVO at TVO - Financial publications and the Green Finance Framework at TVO - Debt programmes.
For further information, please contact:
Joni Juuri, Senior Vice President, Finance, puh. +358 (0) 40 338 0559