Verizon completes final allocation of its fifth $1 billion green bond
2024年2月20日 - 2:06AM
Today, Verizon Communications Inc. (NYSE, Nasdaq: VZ) issued its
Green Bond Impact Report, outlining the full allocation of the
nearly $1 billion of net proceeds from its fifth green bond, which
was issued in May 2023.
In February 2019, Verizon became the first U.S. telecom company
to issue a green bond and remains a leader in the industry with the
allocation of five green bonds.
“The $5 billion of green bonds that we have issued to date are
instrumental to our efforts to achieve our goal of net zero
emissions in our operations by 2035,” said Tony Skiadas, Verizon’s
executive vice president and chief financial officer. “As one of
the leading corporate buyers of renewable energy and one of the
largest green bond issuers in the U.S., we are proud to help
accelerate the greening of the U.S. electrical grid as we work to
meet our goals around climate protection.”
As of February 16, 2024, Verizon has fully allocated the $994.1
million of net proceeds of our fifth green bond entirely to REPAs
for renewable energy projects. The REPAs, including amendments to
prior REPAs to make additional investments, were executed between
February 2023 and January 2024. The REPAs support renewable energy
projects that are under development in five states – Illinois,
Maine, North Dakota, Ohio and West Virginia. The REPAs cover nearly
0.9 GW of new renewable energy generating capacity, of which about
53% is solar energy generating capacity and about 47% is wind
energy generating capacity.
As part of our renewable energy purchase program, Verizon has
entered into 27 REPAs for a total of approximately 3.6 gigawatts
(GW) of anticipated renewable energy generating capacity. These
REPAs position us to exceed our target to source the equivalent of
50% of our total annual electricity consumption with renewable
energy by 2025. We will continue to identify new renewable energy
projects under development as we work toward our 2030 renewable
energy target of 100%.
Verizon’s renewable energy purchase program supports Citizen
Verizon, the company’s responsible business plan for economic,
environmental and social advancement. The Green Bond Impact Report
can be found on the company’s investor relations site at
https://www.verizon.com/about/investors/green-bond-reports.
Verizon Communications Inc. (NYSE, Nasdaq: VZ) was formed in
2000 and is one of the world’s leading providers of technology and
communications services. Headquartered in New York City and with a
presence around the world, Verizon generated revenues of $134.0
billion in 2023. The company offers data, video and voice services
and solutions on its award-winning networks and platforms,
delivering on customers’ demand for mobility, reliable network
connectivity, and security.
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Media contact: Andrew
Ebleandrew.eble@verizon.com201.572.0975
Verizon Communications (NYSE:VZ)
過去 株価チャート
から 6 2024 まで 7 2024
Verizon Communications (NYSE:VZ)
過去 株価チャート
から 7 2023 まで 7 2024