Southern Africa
Zambian Green Bond Oversubscribed By 178%
Copperbelt Energy Corporation’s green bond will fund solar investments.
Zambian independent power distribution and transmission company Copperbelt Energy Corporation (CEC) has announced the first tranche subscription towards its US$200 million green bond programme was oversubscribed by over 178%. The first tranche of US$53.5 million, issued as a private placement to select investors, closed on 28 December 2023. The proceeds from the
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