Nedbank Raises USD 64.5 Mn to Finance Green Projects In South Africa

Nedbank, a South African financial services company, has raised R910 million (USD 64.5 Mn) to fund green infrastructure projects in the country. According to Nedbank, the sum was raised through a combination of South African Rand renewable energy bonds, green tier-two instruments, climate-related USD lending facilities, and the new green additional tier one instrument.