Green Bonds
MidAmerican Energy is committed to using natural resources wisely and protecting our environment for the benefit of future generations. Aligned with this commitment, MidAmerican Energy has offered green bonds to fixed-income investors to finance a portion of our renewable energy resources in Iowa.
Why Issue Green Bonds?
Green bonds are issued to provide funding to support the costs of developing and installing renewable resources.
On January 9, 2019, MidAmerican Energy issued $600 million of 10-year green bonds and $900 million of 30-year green bonds, totaling $1,500 million of green bonds to fixed-income investors to finance a portion of the Wind XI, Wind XII and repowering projects.
On February 1, 2018, MidAmerican Energy issued $700 million of 30-year green bonds to fixed-income investors to finance a portion of the Wind XI and wind repowering projects.
On February 1, 2017, MidAmerican Energy issued $375 million of 10-year green bonds and $475 million of 30-year green bonds, totaling $850 million of green bonds to fixed-income investors to finance a portion of the Wind X and Wind XI projects.
Assertions and Attestations
$600 million Green Bonds Maturing 2029 and $900 million
Green Bonds Maturing 2049
$700 million Green Bonds Maturing 2048
$375 million Green Bonds Maturing 2027 and $475 million Green Bonds Maturing 2047