Overview
Partners Siddhartha Sivaramakrishnan, Ranajoy Basu and counsel Raminta Dereskeviciute authored an article published in The Energy Industry Times on the European Commission issuing its first-ever NextGenerationEU green bond. The €12 billion raised will be used exclusively to fund green and sustainable investments across the EU.
More than 11 times oversubscribed, the issuance provides a solid launch for the NextGenerationEU green bond programme and its plan to issue up to €250 billion in similar bonds by the end of 2026.