Green Bonds

Green Bonds are bonds issued  to raise funds for projects or assets that have a positive socio-environmental impact. These bonds, which are generally long-term, attract investors committed to the development and improvement of climate issues. In December 2019, TSM – Transmissora Serra da Mantiqueira S.A., a subsidiary of Alupar, issued a green bond to finance the construction of the asset. This issuance is considered green, based on satisfactory socio-environmental performance, assessed by an independent expert opinion, and considering its contribution to the transmission of renewable energy.

To access the Second Opinion Report, click here (Portuguese only).