PGGM backs airport group’s green bond (IPE)

PGGM backs airport group’s green bond (IPE)

The €215bn Dutch asset manager PGGM has invested €10m in a green bond issued by Dutch airport operator Royal Schiphol Group.

The investment – on behalf of the €206bn healthcare scheme PFZW and its other clients – contributed to the state-owned transport group raising €500m for a programme to make its operations energy-neutral by 2040.

The bond was reportedly the first green-labelled public debt issue from a European airport operator.

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