RIO DE JANEIRO, BRAZIL - The company last week raised R$15 million (US$3.48 million) to finance solar power projects. A small amount of the proceeds, R$100,000, will be used to finance a course aimed at teaching emotional intelligence to 600 students in the city of Pirapora, in the Brazilian state of Minas Gerais.
The 10-year bond will pay investors a return of inflation plus 5.45 percent annually.
Moody’s expects green, social and sustainable bond issuance to jump 24 percent worldwide this year, to $400 billion, as a growing number of investors start to . . .