Amprion issues green bond with a volume of €1 billion

Dortmund, Tuesday, 27 May 2025

Amprion issues green bond with a volume of €1 billion

Transmission system operator Amprion GmbH (“Amprion”) has today successfully placed a green dual-tranche bond with a total nominal volume of €1 billion on the international capital market. The green dual-tranche bond was issued as part of Amprion's €9 billion debt issuance programme.

Amprion is playing a key role in shaping the energy transition in Germany. To finance sustainable projects for the upgrading and expansion of a climate-neutral German electricity transmission grid, Amprion has been issuing green bonds in particular as a frequent issuer on the international capital market for several years in accordance with its Green Finance Framework.

The issuance attracted strong interest from investors resulting in a high-quality order book. The majority of investors have a strong focus on sustainability. Amprion also succeeded in further broadening its investor base.

The bond was issued in two tranches and is listed on the Euro MTF market of the Luxembourg Stock Exchange:
 

• The first tranche, with a volume of €500 million, has a maturity of 4.5 years and a coupon of 3.000% p.a.
• The second tranche, with a volume of €500 million, has a maturity of 11 years and a coupon of 3.875% p.a.

“The successful access to the capital market is an important prerequisite for financing the energy transition in Germany. We are very pleased with this successful transaction. The positive response underscores investors' confidence in our sustainable business model and our growth path,” says Peter Rüth, CFO of Amprion.

Use of proceeds in accordance with the Green Finance Framework

The proceeds will be used exclusively for sustainable projects that meet the criteria of the Amprion Green Finance Framework. The framework was developed in accordance with the international Green Bond Principles and confirmed by the renowned ESG rating agency Sustainalytics in a second party opinion.

Solid investment grade ratings

The rating agency Moody's has assigned Amprion a corporate rating of Baa1 with a negative outlook. Fitch Ratings has assigned Amprion a rating of BBB+ with a stable outlook.

The expected ratings for the green dual-tranche bond now being issued are Baa1 from Moody's and A- from Fitch.

The transaction was advised by Bayerische Landesbank, Commerzbank, DZ BANK AG, ING, Landesbank Hessen-Thüringen, Landesbank Baden-Württemberg, SEB and UniCredit as joint lead managers.


Contact for investors and analysts:

Patrick Wang
Head of Investor Relations
T +49 231 5849-12297 
E-Mail: ir@amprion.net



Amprion connects
Amprion GmbH is one of four transmission system operators in Germany. Our 11,000-kilometre-long extra-high voltage grid transports electricity in an area from the North Sea to the Alps. One third of Germany's economic output is generated there. Our lines are the lifelines of society: they secure jobs and quality of life for 29 million people. We keep the grid stable and secure - and are paving the way for a climate-neutral energy system by expanding our grid. Around 3,100 employees in Dortmund and at more than 30 other locations help to keep the lights on. We also take on overarching tasks for the interconnected networks in Germany and Europe.