BusinessGreen: The European Investment Bank (EIB) has raised 500m Swedish kroner (50m) to invest in renewable power and energy efficiency projects after launching a new green bond.
The EU institution confirmed on Monday that it had received good levels of interest in its latest Climate Awareness Bond issuance, particularly from Scandinavian investors which took almost half of the issue.
The sale was the first Climate Awareness Bond issuance for 2013, and the EIB expects to conduct at least one more transaction...