Landesbank Hessen-Thüringen (Helaba) is a commercial bank with core regions in Hesse and Thuringia, Germany. Helaba is 12% owned by Federal States of Hesse and Thuringia, 88% owned by German savings bank sector. It offers financial services to companies, banks, institutional investors and the public sector, both within Germany and internationally.
As a public bank, Helaba has a mandate to promote social and environmental impact via lending and other business activities. Helaba's published its Green Bond Framework in 2021. Through impact bonds, the bank finances loans in projects related to renewable energy. Projects include wind energy (both onshore and offshore wind energy generation facilities) and solar energy (Photovoltaic, concentrated solar power, and solar thermal facilities). These renewable energy projects are to provide affordable and clean energy (SDG7) and tackle climate change (SDG13). The eligible green portfolio has grown to EUR 3.1bn within a short period and is projected to grow even further with only newly finance projects being added.