Statnett SF

Oslo, Norwaywww.statnett.no/en/
Invested through
  • Triodos Impact Mixed Fund - Defensive
  • Triodos Impact Mixed Fund - Neutral
  • Triodos Impact Mixed Fund - Offensive
  • Triodos Euro Bond Impact Fund
  • Triodos Impact Strategy Fund - Defensive
  • Triodos Impact Strategy Fund - Balanced
  • Triodos Impact Strategy Fund - Offensive
Asset ClassesImpact bonds
Impact strategyImpact Equities and Bonds
ISIN codeXS3088764033, XS2631835332
Aligned with SDGs

Statnett operates and constructs stem power grid system, serving electricity markets in Norway. The company manages electricity transmission grid, high-voltage power lines, and coordinates, as well as provides transportation of heavy equipment.

Investment rationale

The green bond program of Statnett is directly linked to the Statnett's strategy. Eligible categories include connecting renewable power production, enabling efficient use of clean energy, and increasing the market for renewable energy. Its green bonds are used to finance the acquisition and development of new eligible projects and to refinance existing eligible projects.

In total, 100% of the proceeds of the green bond XS2631835332 is aligned with the Energy Transition. The contribution to the Energy Transition comes from 72% of proceeds allocated to the impact objective Renewable Energy, and 28% of proceeds allocated to Energy Efficiency. For XS3088764033, 100% of the proceeds of the green bond is aligned with the Energy Transition. The contribution to the Energy Transition comes from 100% of proceeds allocated to the impact objective Renewable Energy.